Fed Accountability Act of 2015

Summary

Fed Accountability Act of 2015 This bill amends the Federal Reserve Act to authorize each member of the Board of Governors of the Federal Reserve System to employ and select a maximum of four individuals for the member's staff and set their salaries. The Board must vote, at a properly noticed public meeting, on whether to resolve any enforcement action if its resolution involves the payment of at least $1 million in compensation, penalties, fines, or other payments. The results of that vote must be: (1) included in the Board's official minutes, and (2) made publicly available on the Board's website.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 7 May 2015

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 7 May 2015

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• Introduced in Senate

  summary · EN · 7 May 2015

  Open at official source

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