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United States · Bill · S

S. 16 (115th)

Federal Reserve Transparency Act of 2017

referredUnited States· United States Congress· EN

Introduced

3 January 2017

Last action

3 January 2017 · Introduced

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sen. Paul, Rand [R-KY], Sen. Barrasso, John [R-WY], Sen. Blunt, Roy [R-MO], Sen. Gardner, Cory [R-CO], Sen. Grassley, Chuck [R-IA], Sen. Heller, Dean [R-NV], Sen. Lee, Mike [R-UT], Sen. Portman, Rob [R-OH], Sen. Risch, James E. [R-ID], Sen. Isakson, Johnny [R-GA], Sen. Scott, Tim [R-SC], Sen. Boozman, John [R-AR], Sen. Capito, Shelley Moore [R-WV], Sen. Young, Todd [R-IN], Sen. Lankford, James [R-OK], Sen. Rubio, Marco [R-FL], Sen. Daines, Steve [R-MT]

Subjects

Discovery layer

Source updated

14 January 2026

Summary

Federal Reserve Transparency Act of 2017 This bill directs the Government Accountability Office (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

  1. 3 January 2017

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 3 January 2017

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 3 January 2017

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 3 January 2017

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 3 January 2017

    Open at official source

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Sponsors

Related records

Sources

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