Federal Reserve Transparency Act of 2011
Latest action · Jan 26, 2011 Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S282-283)
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.
- IntroducedJan 26, 2011
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Federal Reserve Transparency Act of 2011 - Directs the Comptroller General to complete, before the end of 2012, 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.
Repeals specified limitations on such an audit.
Cosponsors 37
Members who signed on, in the order they did. Signatures ran from Jan 26, 2011 to Nov 13, 2012; 2 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-LA | David Vitter | Original | Jan 26, 2011 |
| R-SC | Jim DeMint | Original | Jan 26, 2011 |
| R-UT | Mike Lee | Mar 1, 2011 | |
| R-AR | John Boozman | May 24, 2011 | |
| R-UT | Orrin G. Hatch | May 24, 2011 | |
| R-NV | Dean Heller | Jun 22, 2011 | |
| R-GA | Saxby Chambliss | Jul 25, 2011 | |
| R-ID | Mike Crapo | Sep 6, 2011 | |
| R-ID | James E. Risch | Oct 6, 2011 | |
| R-OK | James M. Inhofe | Oct 6, 2011 | |
| R-WY | John Barrasso | Oct 6, 2011 | |
| R-SD | John Thune | Oct 6, 2011 | |
| R-FL | Marco Rubio | Oct 6, 2011 | |
| R-NC | Richard Burr | Oct 6, 2011 | |
| R-MS | Roger F. Wicker | Oct 6, 2011 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Jan 26, 2011 |
Actions 2
Everything that happened, newest first.
- Jan 26, 2011Introduced in Senate
- Jan 26, 2011Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S282-283)
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 459 | Federal Reserve Transparency Act of 2012 | Identical bill | Jan 1, 2013 |
| HR 1496 | Federal Reserve Transparency Act | Related bill | Apr 27, 2011 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States before the end of 2012, and for other purposes.
- Short Titles as Introduced
- Federal Reserve Transparency Act of 2011
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jan 26, 2011Introduced 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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
