United States · Bill · HR
H.R. 3066 (101st)
Federal Reserve System Accountability Act of 1989
Introduced
1 August 1989
Last action
—
Status
Subcommittee Hearings Held.
Sponsors
—
Subjects
Discovery layer
Source updated
26 August 2025
Summary
Federal Reserve System Accountability Act of 1989 - Amends the Federal Reserve Act to expand: (1) from nine to 12 the number of Directors on the Federal Reserve Bank Boards; and (2) from three to six the number Class C Directors on such Bank Boards. Staggers the terms of newly expanded Class C memberships. Requires that members of Class C Directors include representatives from: (1) agricultural interests; (2) small business interests; (3) labor; and (4) consumer interests.
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Documents
2 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN
Introduced in House
summary · EN · 1 August 1989
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Sources
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- Official source: https://www.congress.gov/bill/101st-congress/house-bill/3066
- Open data entity: https://api.congress.gov/v3/bill/101/hr/3066