Bill117th CongressFiled Dec 21, 2022Finance and Financial Sector
S. 5341
Federal Reserve Accountability Act of 2022
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Dec 21, 2022)
Federal Reserve Accountability Act of 2022
This bill reduces the number of Federal Reserve districts from 12 to 5, requires Senate confirmation for Federal Reserve bank presidents, and makes other changes to the operation of the Federal Reserve Board and Federal Reserve banks.
What just happenedDec 21, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Toomey, Patrick [R-PA](R-PA)Sponsor
6 cosponsors6 R
6cosponsors1committees2actions
- Introduced in SenateDec 21, 2022
- Dec 21, 2022IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Dec 21, 2022IntroReferral10000
Introduced in Senate