Federal Reserve Supervision Testimony Clarification Act

Hozzl · 2025-04-07T15:21:55Z

Explore the details of House Bill 4753 Federal Reserve Supervision Testimony Clarification Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

4/7/2025, 3:21 PM

Summary of Bill HR 4753

Bill 115 hr 4753, also known as the Federal Reserve Supervision Testimony Clarification Act, aims to clarify the rules and procedures surrounding the testimony of Federal Reserve officials before Congress. The bill seeks to ensure that Federal Reserve officials provide accurate and timely information to Congress during hearings and other oversight activities.

Specifically, the bill outlines the responsibilities of Federal Reserve officials when testifying before Congress, including the requirement to provide clear and concise answers to questions posed by lawmakers. The bill also emphasizes the importance of transparency and accountability in the Federal Reserve's interactions with Congress, and seeks to strengthen the relationship between the two entities.

Overall, the Federal Reserve Supervision Testimony Clarification Act is designed to promote greater understanding and cooperation between the Federal Reserve and Congress, and to ensure that Federal Reserve officials are held accountable for their actions and decisions.

Current Status of Bill HR 4753

Bill HR 4753 is currently in the status of Bill Introduced since January 10, 2018. Bill HR 4753 was introduced during Congress 115 and was introduced to the House on January 10, 2018. Bill HR 4753's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of September 27, 2018