H.R. 5037 · 113th Congress

Office of Financial Research Accountability Act of 2014

Stage
In committee
Sponsor
Ed Royce
Introduced
2014-07-09
Latest action
2014-07-15 · Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

Summary

The Office of Financial Research Accountability Act of 2014 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to require the Director of the Office of Financial Research to publish annually, after a period of 60 days for public notice and comment, a detailed work plan concerning the Office priorities for the upcoming fiscal year.

Requires the Office to develop and implement a cybersecurity plan using adequate safeguards to protect the integrity and confidentiality of the data in Office possession.

Directs the Comptroller General (GAO) to audit annually the cybersecurity plan and its implementation.