3.0.0
3467
2025-05-27T14:12:00Z
2025-05-27T14:12:00Z
House
H
HR
2023-05-18
118
[Congressional Record Volume 169, Number 84 (Thursday, May 18, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BARR:H.R. 3467.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3:To regulate Commerce with foreign Nations, and among theseveral States, and with the Indian Tribes;The single subject of this legislation is:To enhance the transparency of the Federal Reserve'sactivities.[Page H2457]
- hsgo00
Oversight and Government Reform Committee
House
Standing
  - Referred To
2023-05-18T13:12:05Z
- hsba00
Financial Services Committee
House
Standing
  - Referred To
2023-05-18T13:12:00Z

- Increasing Financial Regulatory Accountability and Transparency Act
118
3556
HR
2024-12-19
Placed on the Union Calendar, Calendar No. 781.
  - Related bill
CRS
- 2023-05-18
Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Accountability, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2
House floor actions
  - hsgo00
Oversight and Government Reform Committee
- 2023-05-18
Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Accountability, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2023-05-18
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2023-05-18
Introduced in House
IntroReferral
1000
9
Library of Congress
- B001282
Rep. Barr, Andy [R-KY-6]
Andy
Barr
R
KY
6
N
- L000583
Rep. Loudermilk, Barry [R-GA-11]
Barry
Loudermilk
R
GA
11
2023-05-18
True
Finance and Financial Sector
Finance and Financial Sector
2023-06-15T14:15:21Z
00
2023-05-18
Introduced in House
2024-02-22T16:30:36Z
This bill requires the Federal Reserve Board to disclose on a more frequent basis information about emergency credit facilities, discount window lending programs, and open market operations. It also moves up the termination date of board-authorized credit facilities. The bill requires certain nonpublic data related to credit facilities be made available, with some limitations, to the appropriate congressional committees.
The bill revises the definition of a liquidity event. Currently, a liquidity event is defined as (1) an exceptional and broad reduction in the ability of financial market participants to sell financial assets without an unusual and significant discount or to borrow using financial assets as collateral without an unusual and significant increase in margin, or (2) an unusual and significant reduction in the ability of financial market participants to obtain unsecured credit. The bill eliminates this definition and instead requires the board, the Federal Deposit Insurance Corporation (FDIC), and the Department of the Treasury to define the term through a joint rulemaking.
Under the bill, Congress must be notified when the board or the FDIC makes a determination as to whether a liquidity event exists that warrants the use of a guarantee program (a program to guarantee obligations of insured depository institutions or holding companies during times of severe economic distress). The bill also requires congressional notification of the cost to the taxpayer of such guarantee program.

To enhance Federal Reserve transparency.
- Display Title
45

To enhance Federal Reserve transparency.
2024-07-24T15:21:58Z
- Official Title as Introduced
6

To enhance Federal Reserve transparency.
2024-03-18T20:58:47Z
Introduced in House
IH
- Introduced in House
2023-05-18T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr3467ih/xml/BILLS-118hr3467ih.xml
2023-05-18
Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Accountability, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
text/xml
EN
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