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A bill to require Presidential appointment and Senate confirmation of the Inspector General of the Board of Governors of the Federal Reserve System and the Bureau of Consumer Financial Protection.
5/22/2025, 5:50 PM
Summary of Bill S 1627
This bill, designated as S. 1627 in the 119th Congress, aims to mandate the Presidential appointment and Senate confirmation process for the Inspector General positions of the Federal Reserve System's Board of Governors and the Bureau of Consumer Financial Protection. Introduced on May 6, 2025, this legislation focuses on enhancing the oversight and accountability mechanisms for these key positions within the financial regulatory framework.
Read the Full Bill
Current Status of Bill S 1627
Bill S 1627 is currently in the status of Bill Introduced since May 6, 2025. Bill S 1627 was introduced during Congress 119 and was introduced to the Senate on May 6, 2025. Bill S 1627's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of May 6, 2025
Bipartisan Support of Bill S 1627
Total Number of Sponsors
3Democrat Sponsors
0Republican Sponsors
3Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1627
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill S 1627
A bill to require Presidential appointment and Senate confirmation of the Inspector General of the Board of Governors of the Federal Reserve System and the Bureau of Consumer Financial Protection.
A bill to require Presidential appointment and Senate confirmation of the Inspector General of the Board of Governors of the Federal Reserve System and the Bureau of Consumer Financial Protection.
Comments
Sponsors and Cosponsors of S 1627
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