S. 2411 · 118th Congress
Rein in the Federal Reserve Act
- Stage
- In committee
- Sponsor
- Rick Scott
- Introduced
- 2023-07-20
- Latest action
- 2023-07-20 · Introduced in Senate
Summary
Rein in the Federal Reserve Act
This bill requires regular reports from the Federal Reserve Board upon the initiation of a quantitative easing or tightening program or an emergency lending program. Further, without congressional authorization, the board must end the operation of any such program after a year. Congress is also authorized to disapprove of any such program.