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United States · Bill · S

S. 3566 (118th)

Federal Reserve Transparency Act of 2024

referredUnited States· United States Congress· EN

Introduced

10 January 2024

Last action

10 January 2024 · 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. Blackburn, Marsha [R-TN], Sen. Braun, Mike [R-IN], Sen. Cruz, Ted [R-TX], Sen. Grassley, Chuck [R-IA], Sen. Lee, Mike [R-UT], Sen. Marshall, Roger [R-KS], Sen. Risch, James E. [R-ID], Sen. Young, Todd [R-IN], Sen. Scott, Rick [R-FL]

Subjects

Discovery layer

Source updated

15 January 2026

Summary

Federal Reserve Transparency Act of 2024 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

  1. 10 January 2024

    Introduced

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

    Source: IntroReferral

  2. 10 January 2024

    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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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 10 January 2024

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 10 January 2024

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 10 January 2024

    Open at official source

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Sponsors

Related records

Sources

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