H.R.459 - Federal Reserve Transparency Act of 2011
To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States before the end of 2012, and for other purposes. view all titles (7)
All Bill Titles
- Short: Federal Reserve Transparency Act of 2012 as passed house.
- Official: To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States before the end of 2012, and for other purposes. as introduced.
- Popular: Federal Reserve Transparency Act of 2011 as introduced.
- Short: Federal Reserve Transparency Act of 2011 as introduced.
- Official: Federal Reserve Transparency Act of 2011 as introduced.
- Short: Federal Reserve Transparency Act of 2012 as reported to house.
- Official: To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes. as amended by house.
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Bill's Views
- Today: 22
- Past Seven Days: 65
- All-Time: 33,569
Latest Vote
Roll call number 513 in the House
Question: On Motion to Suspend the Rules and Pass, as Amended: H R 459 To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States before the end of 2012, and for other purposes
Official Summary
7/25/2012--Passed House amended. (This measure has not been amended since it was reported to the House on July 17, 2012. The summary of that version is repeated here.) Federal Reserve Transparency Act of 2012 - Directs the Comptroller General to: (1) complete, within 12 months of enactmentOfficial Summary
7/25/2012--Passed House amended. (This measure has not been amended since it was reported to the House on July 17, 2012. The summary of that version is repeated here.) Federal Reserve Transparency Act of 2012 - Directs the Comptroller General to:(1) complete, within 12 months of enactment of this Act, the required audit of the Board of Governors of the Federal Reserve System (Board) and of the Federal Reserve Banks; and
(2) submit to Congress, within 90 days of audit completion, a detailed report of audit findings and conclusions. Repeals certain limitations placed upon such audit. Instructs the Comptroller General to audit and report on the review of loan files of homeowners in foreclosure in 2009 or 2010, required as part of the enforcement actions taken by the Board against supervised financial institutions. Prescribes audit contents, including:
(1) the guidance given by the Board to independent consultants retained by the supervised financial institutions regarding procedures to be followed in conducting the file reviews,
(2) the factors considered by independent consultants when evaluating loan files and the results obtained pursuant to those reviews, and
(3) the determinations made by such consultants regarding the nature and extent of financial injury sustained by each homeowner as well as the level and type of remediation offered.
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Latest Letters to Congress
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H.R.459 Federal Reserve Transparency Act of 2011
jamgress2012
January 04, 2013
I am writing as your constituent in the 8th Congressional district of Virginia. I support H.R.459 - Federal Reserve Transparency Act of 2011, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sincerely,
Jamal Ahmed -
H.R.459 Federal Reserve Transparency Act of 2011
PDunnahoo
November 22, 2012
I am writing as your constituent in the 25th Congressional district of Texas. I support H.R.459 - Federal Reserve Transparency Act of 2011, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sincerely,
Pat Dunnahoo -
H.R.459 Federal Reserve Transparency Act of 2011
CVilleBerg
November 14, 2012
I am writing as your constituent in the 3rd Congressional district of Ohio. I support H.R.459 - Federal Reserve Transparency Act of 2011, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
This bill's most-recent vote occurred on July 25, 2012, with a roll call of 327 ayes, 98 nays, and 6 not voting.
Rep. Turner, your most-recent roll call vote on this bill was 'Aye'. Thank you.
98% of users on OpenCongress.org, a f...

U.S. Congress - H.R.459 Federal Reserve Transparency Act of 2011



