United States · Bill · S
S. 148 (116th)
Federal Reserve Transparency Act of 2019
Introduced
16 January 2019
Last action
16 January 2019 · Introduced
Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
Rand Paul, Mike Lee, John Barrasso, Sen. Blunt, Roy [R-MO], John Boozman, James Lankford, Sen. Portman, Rob [R-OH], Todd Young, Steve Daines
Subjects
Discovery layer
Source updated
13 January 2026
Summary
Federal Reserve Transparency Act of 2019 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.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
16 January 2019
Introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
16 January 2019
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 16 January 2019 · Official file
Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 16 January 2019
Introduced in Senate (PDF)
Introduced in Senate · EN · 16 January 2019
Introduced in Senate
summary · EN · 16 January 2019
Sponsors
- Rand Paul · R · Sponsor
- Mike Lee · R · Sponsor
- John Barrasso · R · Sponsor
- Sen. Blunt, Roy [R-MO] · R · Sponsor
- John Boozman · R · Sponsor
- James Lankford · R · Sponsor
- Sen. Portman, Rob [R-OH] · R · Sponsor
- Todd Young · R · Sponsor
- Steve Daines · R · Cosponsor
- · ssbk00 · Standing
Related records
- related to → Federal Reserve Transparency Act of 2021
- related to → Federal Reserve Transparency Act of 2019
- related to ← Federal Reserve Transparency Act of 2017
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/148
- Open data entity: https://api.congress.gov/v3/bill/116/s/148
- us · 116-s-148 · source updated 13 January 2026