H.R.24 - Federal Reserve Transparency Act of 2017115th Congress (2017-2018) |
|Sponsor:||Rep. Massie, Thomas [R-KY-4] (Introduced 01/03/2017)|
|Committees:||House - Oversight and Government Reform|
|Latest Action:||03/28/2017 Ordered to be Reported by Voice Vote. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.24 — 115th Congress (2017-2018)All Bill Information (Except Text)
Introduced in House (01/03/2017)
Federal Reserve Transparency Act of 2017
This bill directs the Government Accountability Office (GAO) to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks.
In addition, the bill allows the GAO to audit the Federal Reserve Board and Federal Reserve banks with respect to: (1) international financial transactions; (2) deliberations, decisions, or actions on monetary policy matters; (3) transactions made under the direction of the Federal Open Market Committee; and (4) discussions or communications among Federal Reserve officers, board members, and employees regarding any of these matters.