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US HR24

US HR24
Federal Reserve Transparency Act of 2021


summary

Introduced
01/04/2021
In Committee
01/04/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL 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.

AI Summary

This bill, the Federal Reserve Transparency Act of 2021, requires 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 within 12 months of the bill's enactment. The Comptroller General must then submit a detailed report on the audit's findings and recommendations to Congress. The bill also repeals certain limitations on the Comptroller General's auditing authority over the Federal Reserve, allowing for more transparency and oversight of the central banking system.

Committee Categories

Government Affairs

Sponsors (66)

Thomas Massie (R)* Rick Allen (R),  Brian Babin (R),  Don Bacon (R),  Andy Biggs (R),  Dan Bishop (R),  Lauren Boebert (R),  Mo Brooks (R),  Ken Buck (R),  Tim Burchett (R),  Michael Burgess (R),  Ken Calvert (R),  Kat Cammack (R),  Buddy Carter (R),  Steve Chabot (R),  Ben Cline (R),  Michael Cloud (R),  Rick Crawford (R),  Warren Davidson (R),  Scott DesJarlais (R),  Jeff Duncan (R),  Neal Dunn (R),  Tom Emmer (R),  Ron Estes (R),  Brian Fitzpatrick (R),  Jeff Fortenberry (R),  Matt Gaetz (R),  Louie Gohmert (R),  Bob Good (R),  Paul Gosar (R),  Mark Green (R),  Marjorie Taylor Greene (R),  Morgan Griffith (R),  Glenn Grothman (R),  Brett Guthrie (R),  Vicky Hartzler (R),  Yvette Herrell (R),  Jaime Herrera Beutler (R),  Jody Hice (R),  Jim Jordan (R),  John Katko (R),  Mike Kelly (R),  Doug Lamborn (R),  Brian Mast (R),  Tom McClintock (R),  Cathy McMorris Rodgers (R),  Mary Miller (R),  Alex Mooney (R),  Markwayne Mullin (R),  Ralph Norman (R),  Gary Palmer (R),  Scott Perry (R),  Bill Posey (R),  John Rutherford (R),  David Schweikert (R),  Adrian Smith (R),  Van Taylor (R),  William Timmons (R),  Mike Turner (R),  Tim Walberg (R),  Jackie Walorski (R),  Randy Weber (R),  Daniel Webster (R),  Roger Williams (R),  Rob Wittman (R),  Ron Wright (R), 

Last Action

Referred to the House Committee on Oversight and Reform. (on 01/04/2021)

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