H.R. 5602 · 118th Congress

Interest Rate Risk Reporting Act

Stage
In committee
Introduced
2023-09-20
Latest action
2023-09-20 · Introduced in House

Summary

Interest Rate Risk Reporting Act

This bill requires the Board of Governors of the Federal Reserve System to address interest rate risk during semiannual hearings before Congress. The board must address the vulnerability of the U.S. financial system to interest rate risk and the exposure of assets held by the board and Federal Reserve banks.