HR.1207 - Federal Reserve Transparency Act of 2009
To amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.
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People's Vote
YES
Yes 100% No 0%
17 Votes -
Gov Vote
NONE
In Progress
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Outcome
NONE
In Progress
- Your Vote NONE
Bill Status
Introduced
Feb-26-2009
Passed House- Passed Senate
- President’s Desk
- Bill is Law
Summary:
2/26/2009--Introduced.Federal Reserve Transparency Act of 2009 - Repeals the authority of the Comptroller General to carry out an onsite examination of an open insured bank or bank holding company only if the appropriate federal regulatory agency has consented in writing. (Retains the authority of the Comptroller General to audit a federal agency.) Directs the Comptroller General to complete, before the end of 2010, an audit of the Board of Governors of the Federal Reserve System and of the federal reserve banks, followed by a detailed report to Congress.
Actions:
Committee Hearings Held.
Sponsor introductory remarks on measure. (CR E502)
Sponsor introductory remarks on measure. (E502)
Referred to the House Committee on Financial Services.
Groups in favor
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No Groups in Favor
Groups in opposition
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No Groups in Opposition
