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United States · Bill · S

S. 4295 (117th)

Financial Data Transparency Act of 2022

referredUnited States· United States Congress· EN

Introduced

24 May 2022

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Financial Data Transparency Act of 2022 This bill requires federal financial regulatory agencies to adopt specified data standards with respect to format, searchability, and transparency. The bill also decreases, beginning September 30, 2031, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.) The Government Accountability Office must report on the feasibility of applying the taxonomy established by this bill to the wider federal government.

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Documents

3 official files

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Sources

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