A bill to require Presidential appointment and Senate confirmation of the Inspector General of the Board of Governors of the Federal Reserve System and the Bureau of Consumer Financial Protection.
Latest action · Mar 22, 2023 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 22, 2023
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
This bill requires the inspector general of the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau to be appointed by the President and confirmed by the Senate. The inspector general shall also have authority over the Federal Reserve banks. Under current law, this appointment is made by the chair of the Board of Governors of the Federal Reserve System.
Cosponsors 7
Members who signed on, in the order they did. Signatures ran from Mar 22, 2023 to May 17, 2023, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MA | Elizabeth Warren | Original | Mar 22, 2023 |
| R-KS | Roger Marshall | Apr 27, 2023 | |
| R-MO | Eric Schmitt | May 1, 2023 | |
| R-IN | Mike Braun | May 3, 2023 | |
| D-CT | Richard Blumenthal | May 3, 2023 | |
| D-CA | Dianne Feinstein | May 17, 2023 | |
| D-MA | Edward J. Markey | May 17, 2023 |
Actions 2
Everything that happened, newest first.
- Mar 22, 2023Introduced in Senate
- Mar 22, 2023Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1160 | Financial Regulators Transparency Act of 2023 | Related bill | Mar 30, 2023 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Mar 22, 2023Introduced 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.