H.R.24 - Federal Reserve Transparency Act of 2014

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. view all titles (4)

All Bill Titles

  • Short: Federal Reserve Transparency Act of 2014 as passed house.
  • Short: Federal Reserve Transparency Act of 2014 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 introduced.
  • Short: Federal Reserve Transparency Act of 2013 as introduced.

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Introduced
 
House
Passed
 
Senate
Passes
 
President
Signs
 

 
01/03/13
 
09/17/14
 
 
 
 
 

Sponsor

Representative

Paul Broun

R-GA

View Co-Sponsors (228)
 

Latest Vote

Result: Passed - September 17, 2014

Roll call number 504 in the House

Question: On Motion to Suspend the Rules and Pass, as Amended: H R 24 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

 

Official Summary

Federal Reserve Transparency Act of 2014 - Directs the Comptroller General (GAO) to: (1) complete, within 12 months of enactment of this Act, the required audit of the Board of Governors of the Federal Reserve System (Federal Reserve Board) and of the Federal Reserve Banks; and (2) submit t

Official Summary

Federal Reserve Transparency Act of 2014 - Directs the Comptroller General (GAO) to:
(1) complete, within 12 months of enactment of this Act, the required audit of the Board of Governors of the Federal Reserve System (Federal Reserve 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. Repeals GAO authority to conduct audits of the Federal Reserve Board, a Federal Reserve Bank, or a credit facility pursuant to its determination that they are appropriate for specified assessments of a credit facility or a covered transaction.

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