Rein in the Federal Reserve Act

Hozzl · 2025-05-27T13:08:19Z

Explore the details of Senate Bill 1646 Rein in the Federal Reserve 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.

5/27/2025, 1:08 PM

Summary of Bill S 1646

The bill introduced in the 119th Congress as S. 1646 aims to increase congressional oversight on the Board of Governors of the Federal Reserve System's quantitative easing, tightening, and emergency lending programs. It mandates regular reports to Congress on these programs, necessitates congressional approval for extensions, and includes other related provisions.

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Current Status of Bill S 1646

Bill S 1646 is currently in the status of Bill Introduced since May 7, 2025. Bill S 1646 was introduced during Congress 119 and was introduced to the Senate on May 7, 2025. Bill S 1646's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of May 7, 2025

Bipartisan Support of Bill S 1646

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1646

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 1646

A bill to place further congressional oversight on any quantitative easing or tightening program or any emergency lending programs of the Board of Governors of the Federal Reserve System, to require reports to Congress relating to those programs, to require congressional approval of the extension of those programs, and for other purposes.