HR-24 : Still Just a Bill

Federal Reserve Transparency Act of 2015

This bill directs the Government Accountability Office to: (1) complete, within 12 months of enactment, the required audit of the Board of Governors of the Federal Reserve System (Federal Reserve Board) and of the Federal Reserve Banks; and (2) submit to Congress, within 90 days of audit completion, a detailed report of audit findings and conclusions.

The bill repeals certain limitations placed upon audits of the Federal Reserve Board and Federal Reserve banks.

Action Timeline

Action DateTypeTextSource
2016-07-14CalendarsPlaced on the Union Calendar, Calendar No. 536.House floor actions
2016-07-14CommitteeReported (Amended) by the Committee on Oversight and Government Reform. H. Rept. 114-692.House floor actions
2016-05-17CommitteeOrdered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.House committee actions
2016-05-17CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2015-01-06IntroReferralReferred to the House Committee on Oversight and Government.House floor actions
2015-01-06IntroReferralIntroduced in HouseLibrary of Congress

Sponsor :

Rep. Massie, Thomas [R-KY-4]
See Cosponsors

Policy Area :

Finance and Financial Sector
See Subjects
  • Accounting and auditing
  • Bank accounts, deposits, capital
  • Congressional oversight
  • Federal Reserve System
  • Government studies and investigations
  • Housing finance and home ownership

Related Bills

See Related Bills