S. 2232 · 114th Congress

Federal Reserve Transparency Act of 2015

Stage
Did not pass
Sponsor
Rand Paul
Introduced
2015-11-03
Latest action
2016-01-12 · Motion to proceed to measure considered in Senate.

Summary

Federal Reserve Transparency Act of 2015

This bill directs the Government Accountability Office to: (1) commence and complete an audit of the Board of Governors of the Federal Reserve System and of the Federal Reserve Banks within 12 months of enactment of this Act, and (2) report findings and conclusions to Congress within 90 days of completing the audit.

The bill also repeals certain limitations upon such an audit.