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S. 3490

Federal Reserve Regulatory Oversight Act

Federal Reserve Regulatory Oversight Act

This bill requires the Board of Governors of the Federal Reserve System and Federal Reserve banks to collect assessments and other fees to offset annual appropriations with respect to nonmonetary policy-related administrative costs to the board. The board and the banks may only incur obligations or allow and pay expenses with respect to nonmonetary policy-related administrative costs pursuant to appropriations.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sen. Tillis, Thomas [R-NC](R-NC)Sponsor
1committees2actions1related bills
  1. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Federal Reserve Regulatory Oversight Act — Informed