3.0.0 1155 2025-01-14T18:20:21Z 2025-01-14T18:20:21Z Senate S S 2023-03-30 118 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2023-03-30T19:32:02Z 2023-03-30 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2023-03-30 Introduced in Senate IntroReferral 10000 9 Library of Congress T000476 Sen. Tillis, Thomas [R-NC] Thomas Tillis R NC Roland N L000571 Sen. Lummis, Cynthia M. [R-WY] Cynthia Lummis R WY M. 2023-03-30 True C001098 Sen. Cruz, Ted [R-TX] Ted Cruz R TX 2023-03-30 True C001096 Sen. Cramer, Kevin [R-ND] Kevin Cramer R ND 2023-03-30 True Finance and Financial Sector Finance and Financial Sector 2023-04-20T20:30:20Z

00 2023-03-30 Introduced in Senate 2023-09-26T14:27:49Z <p class="MsoNormal" style="line-height: normal;"><b>Federal Reserve Accountability Act of 2023</b></p> <p class="MsoNormal" style="text-align: justify; line-height: normal;">This bill changes the appointment of certain officials to the of Board of Governors of the Federal Reserve System and makes other changes to the operation of the board and Federal Reserve banks. </p> <p class="MsoNormal" style="text-align: justify; line-height: normal;">Specifically, the bill </p> <ul> <li>requires the President to appoint a general counsel for the board with the advice and consent of the Senate; <br /> </li> <li>requires the President, rather than each bank's board of directors, to appoint presidents of Federal Reserve banks;<br /> </li> <li> reduces the number of Federal Reserve districts from 12 to 5; <br /> </li> <li>allows the President to appoint two members to the board from any one Federal Reserve district; and<br /> </li> <li> prohibits the use of any board or Federal Reserve bank funds for lobbying activities. </li> </ul>

Display Title 45 2024-07-24T15:22:48Z Short Title(s) as Introduced 101 2024-05-24T13:40:59Z Introduced in Senate IS Official Title as Introduced 6 2023-04-19T03:58:48Z Introduced in Senate IS Introduced in Senate 2023-03-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s1155is/xml/BILLS-118s1155is.xml 2023-03-30 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.