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United States · Bill · S

S. 4889 (117th)

Federal Reserve Loss Transparency Act

referredUnited States· United States Congress· EN

Introduced

20 September 2022

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Federal Reserve Loss Transparency Act This bill prohibits transfers to the Consumer Financial Protection Bureau from the Board of Governors of the Federal Reserve System if Federal Reserve banks incur specified quarterly operating losses. The bureau is directly funded through transfers from the board.

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Documents

3 official files

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Sources

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