Federal Reserve Financial Accountability and Transparency Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8591 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8591 To amend the Federal Reserve Act to add requirements to the annual report of the Board of Governors of the Federal Reserve System, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 31, 2024 Mr. Williams of Texas introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Federal Reserve Act to add requirements to the annual report of the Board of Governors of the Federal Reserve System, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Federal Reserve Financial Accountability and Transparency Act''. SEC. 2. REPORTING REQUIREMENTS WITH RESPECT TO THE ANNUAL REPORT OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. (a) In General.--The 7th undesignated paragraph of section 10…