United States · Bill · S
S. 957 (118th)
Federal Reserve Independence Act
Introduced
23 March 2023
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
27 May 2025
Summary
Federal Reserve Independence Act This bill prohibits an employee of a bank holding company or other entity regulated by the Board of Governors of the Federal Reserve System from serving on the board of a Federal Reserve bank. Additionally, employees of the Federal Reserve System and board members of a Federal Reserve bank are prohibited from investing in companies regulated by the board.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 23 March 2023
Introduced in Senate (PDF)
Introduced in Senate · EN · 23 March 2023
Introduced in Senate
summary · EN · 23 March 2023
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/senate-bill/957
- Open data entity: https://api.congress.gov/v3/bill/118/s/957