Federal Reserve Accountability Act of 2022

3/13/2024, 1:02 PM

Congressional Summary of S 5341

Federal Reserve Accountability Act of 2022

This bill reduces the number of Federal Reserve districts from 12 to 5, requires Senate confirmation for Federal Reserve bank presidents, and makes other changes to the operation of the Federal Reserve Board and Federal Reserve banks.

Current Status of Bill S 5341

Bill S 5341 is currently in the status of Bill Introduced since December 21, 2022. Bill S 5341 was introduced during Congress 117 and was introduced to the Senate on December 21, 2022.  Bill S 5341's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of December 21, 2022

Bipartisan Support of Bill S 5341

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
0
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 5341

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 5341

Federal Reserve Accountability Act of 2022Federal Reserve Accountability Act of 2022A bill to amend the Federal Reserve Act to provide greater accountability to the Federal Reserve System, and for other purposes.
Start holding our government accountable!

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