Federal Reserve Transparency Act of 2021

Summary

Federal Reserve Transparency Act of 2021 This bill establishes requirements regarding audits of certain financial agencies performed by the Government Accountability Office (GAO). Specifically, the bill directs the GAO to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks. In addition, the bill allows the GAO to audit the Federal Reserve Board and Federal Reserve banks with respect to (1) international financial transactions; (2) deliberations, decisions, or actions on monetary policy matters; (3) transactions made under the direction of the Federal Open Market Committee; and (4) discussions or communications among Federal Reserve officers, board members, and employees regarding any of these matters.

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Timeline

1. 4 January 2021

   Introduced

   Introduced in House

   Source: IntroReferral

2. 4 January 2021

   Introduced

   Referred to the House Committee on Oversight and Reform.

   Source: IntroReferral

3. 4 January 2021

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 January 2021 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 January 2021

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 January 2021

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 January 2021

  Open at official source

Sponsors

• Thomas Massie · R · Sponsor
• Matt Gaetz · R · Sponsor
• Jeff Duncan · R · Sponsor
• Robert Wittman · R · Sponsor
• Paul Gosar · R · Sponsor
• Rep. Fitzpatrick, Brian K. [R-PA-1] · R · Sponsor
• Mo Brooks · R · Sponsor
• Jim Jordan · R · Sponsor
• Cathy Rodgers · R · Sponsor
• Brian Mast · R · Sponsor
• Rep. Allen, Rick W. [R-GA-12] · R · Sponsor
• Gary Palmer · R · Sponsor
• Tom McClintock · R · Sponsor
• Scott Perry · R · Sponsor
• Scott DesJarlais · R · Sponsor
• Tim Burchett · R · Sponsor
• Doug Lamborn · R · Sponsor
• Warren Davidson · R · Sponsor
• Ralph Norman · R · Sponsor
• Brett Guthrie · R · Sponsor
• Ron Wright · R · Sponsor
• Ken Calvert · R · Sponsor
• William Timmons · R · Sponsor
• Adrian Smith · R · Sponsor
• Andy Biggs · R · Sponsor
• Jaime Herrera Beutler · R · Sponsor
• Eric Crawford · R · Sponsor
• Rep. Carter, Earl L. "Buddy" [R-GA-1] · R · Sponsor
• Marjorie Greene · R · Sponsor
• STEVE CHABOT · R · Sponsor
• H. Griffith · R · Sponsor
• Yvette Herrell · R · Sponsor
• Alexander Mooney · R · Sponsor
• Rep. Williams, Roger [R-TX-25] · R · Sponsor
• Markwayne Mullin · R · Sponsor
• Daniel Webster · R · Sponsor
• Jackie Walorski · R · Sponsor
• Bill Posey · R · Sponsor
• Louie Gohmert · R · Sponsor
• Van Taylor · R · Sponsor
• Ben Cline · R · Sponsor
• Lauren Boebert · R · Sponsor
• Ken Buck · R · Sponsor
• Don Bacon · R · Sponsor
• Rep. Grothman, Glenn [R-WI-6] · R · Sponsor
• Michael Burgess · R · Cosponsor
• Rep. Kelly, Mike [R-PA-16] · R · Cosponsor
• David Schweikert · R · Cosponsor

Showing 48 of 67 sponsors and actors.

Related records

• related to → Federal Reserve Transparency Act of 2023
• related to ← Federal Reserve Transparency Act of 2021
• related to ← Federal Reserve Transparency Act of 2019