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Rein in the Federal Reserve Act
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.
Read the Full Bill
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
3Democrat Sponsors
0Republican Sponsors
3Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1646
Primary Policy Focus
Finance and Financial SectorAlternate 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.
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.
Comments
Danielle Brandon
641
9 months ago
Why does this bill limit the Federal Reserve's ability to respond to economic crises?
Sponsors and Cosponsors of S 1646
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