ROI of the Federal Reserve Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1647 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1647 To limit purchases of the Federal reserve banks, to require Generally Accepted Accounting Principles standards, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 7, 2025 Mr. Scott of Florida introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To limit purchases of the Federal reserve banks, to require Generally Accepted Accounting Principles standards, 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 ``Regular Order for Investments of the Federal Reserve Act'' or the ``ROI of the Federal Reserve Act''. SEC. 2. AMENDMENTS TO THE FEDERAL RESERVE ACT. The Federal Reserve Act is amended-- (1) in section 2B (12 U.S.C. 225b), by adding at the end the following…