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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Fed Accountability Act of 2015

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Federal Reserve Act to reform the Federal Reserve System.


Actions Overview (1)

Date
05/07/2015Introduced in Senate

All Actions (1)

Date
05/07/2015Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Action By: Senate

Cosponsors (1)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Vitter, David [R-LA]* 05/07/2015

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Banking, Housing, and Urban Affairs05/07/2015 Referred to

No related bill information was received for S.1248.


Subjects (4)

  • Federal Reserve System
  • Federal officials
  • Government information and archives

Latest Summary (1)

There is one summary for S.1248. View summaries

Shown Here:
Introduced in Senate (05/07/2015)

Fed Accountability Act of 2015

This bill amends the Federal Reserve Act to authorize each member of the Board of Governors of the Federal Reserve System to employ and select a maximum of four individuals for the member's staff and set their salaries.

The Board must vote, at a properly noticed public meeting, on whether to resolve any enforcement action if its resolution involves the payment of at least $1 million in compensation, penalties, fines, or other payments.

The results of that vote must be: (1) included in the Board's official minutes, and (2) made publicly available on the Board's website.