Federal Reserve Transparency Act of 2014
Latest action · Sep 18, 2014 Received in the Senate.
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 3, 2013
- Passed HouseSep 17, 2014
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(This measure has not been amended since it was reported to the House on September 16, 2014. The summary of that version is repeated here.)
Federal Reserve Transparency Act of 2014 - Directs the Comptroller General (GAO) to: (1) complete, within 12 months of enactment of this Act, 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.
Repeals certain limitations placed upon such audit.
Repeals GAO authority to conduct audits of the Federal Reserve Board, a Federal Reserve Bank, or a credit facility pursuant to its determination that they are appropriate for specified assessments of a credit facility or a covered transaction.
Recorded votes 1
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 504 | On Motion to Suspend the Rules and Pass, as Amended | Passed333–92 | Sep 17, 2014 |
Cosponsors 228
Members who signed on, in the order they did. Signatures ran from Jan 4, 2013 to May 8, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-IA | David Loebsack | Jan 4, 2013 | |
| D-ME | Michael H. Michaud | Jan 4, 2013 | |
| D-NC | Mike McIntyre | Jan 4, 2013 | |
| D-OR | Peter A. DeFazio | Jan 4, 2013 | |
| R-NC | Walter B. Jones | Jan 4, 2013 | |
| R-IL | Aaron Schock | Jan 14, 2013 | |
| R-MS | Alan Nunnelee | Jan 14, 2013 | |
| R-MI | Bill Huizenga | Jan 14, 2013 | |
| R-MO | Blaine Luetkemeyer | Jan 14, 2013 | |
| R-TX | Blake Farenthold | Jan 14, 2013 | |
| R-VA | Bob Goodlatte | Jan 14, 2013 | |
| R-MI | Candice S. Miller | Jan 14, 2013 | |
| D-MN | Collin C. Peterson | Jan 14, 2013 | |
| R-MI | Dave Camp | Jan 14, 2013 | |
| R-TN | David P. Roe | Jan 14, 2013 |
Actions 16
Everything that happened, newest first.
- Sep 18, 2014Received in the Senate.
- Sep 17, 2014Considered as unfinished business. (consideration: CR H7635)
- Sep 17, 2014Motion to reconsider laid on the table Agreed to without objection.
- Sep 17, 2014On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 333 - 92 (Roll no. 504). (text: CR 9/16/2014 H7588)
- Sep 17, 2014Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 333 - 92 (Roll no. 504).(text: CR 9/16/2014 H7588)
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 33 | Audit The Fed Act of 2013 | Related bill | Jan 3, 2013 |
| S 209 | 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, and for other purposes. | Related bill | Feb 7, 2013 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 4
Each version as it was printed, newest first.
- Sep 18, 2014Received in Senate
- Sep 17, 2014Engrossed in House
- Sep 16, 2014Reported in House
- Jan 3, 2013Introduced in House
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.