Fed Accountability Act of 2015
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (May 7, 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.
What just happenedMay 7, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateMay 7, 2015
- May 7, 2015IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - May 7, 2015IntroReferral10000
Introduced in Senate