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.
Federal Reserve Transparency Act - Directs the Comptroller General to complete, within 12 months after enactment of this Act, 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.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 580.
Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S282-283)
Introduced in House
Introduced in House
Referred to the House Committee on Oversight and Government Reform.
Referred to the Subcommittee on Government Organization, Efficiency, and Financial Management.
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