Federal Reserve Sunshine Act of 2009
Latest action · Mar 16, 2009 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 16, 2009
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Federal Reserve Sunshine 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.
Cosponsors 32
Members who signed on, in the order they did. Signatures ran from Jun 11, 2009 to Jan 28, 2010.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-SC | Jim DeMint | Jun 11, 2009 | |
| R-LA | David Vitter | Jun 16, 2009 | |
| R-ID | Mike Crapo | Jun 25, 2009 | |
| R-GA | Johnny Isakson | Jul 8, 2009 | |
| R-KS | Sam Brownback | Jul 8, 2009 | |
| R-GA | Saxby Chambliss | Jul 8, 2009 | |
| R-OK | James M. Inhofe | Jul 9, 2009 | |
| R-NC | Richard Burr | Jul 9, 2009 | |
| D-AR | Blanche L. Lincoln | Jul 15, 2009 | |
| R-WY | John Barrasso | Jul 15, 2009 | |
| R-AZ | John McCain | Jul 15, 2009 | |
| R-UT | Robert F. Bennett | Jul 15, 2009 | |
| D-WI | Russell D. Feingold | Jul 15, 2009 | |
| R-TX | John Cornyn | Jul 20, 2009 | |
| R-TX | Kay Bailey Hutchison | Jul 20, 2009 |
Actions 2
Everything that happened, newest first.
- Mar 16, 2009Introduced in Senate
- Mar 16, 2009Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1207 | Federal Reserve Transparency Act of 2009 | Related bill | Sep 25, 2009 |
| S 2939 | A bill to amend title 31, United States Code to require an audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks, and for other purposes. | Related bill | Jan 28, 2010 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Mar 16, 2009Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.
