Federal Reserve Loss Transparency Act
USA118th CongressHR-5993| House
| Updated: 10/25/2023
J. French Hill
Republican Representative
Arkansas
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Federal Reserve Loss Transparency Act This bill prohibits transfers to the Consumer Financial Protection Bureau from the Board of Governors of the Federal Reserve System if Federal Reserve banks incur specified quarterly operating losses. The bureau is directly funded through transfers from the board.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Federal Reserve Loss Transparency Act
USA118th CongressHR-5993| House
| Updated: 10/25/2023
Federal Reserve Loss Transparency Act This bill prohibits transfers to the Consumer Financial Protection Bureau from the Board of Governors of the Federal Reserve System if Federal Reserve banks incur specified quarterly operating losses. The bureau is directly funded through transfers from the board.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
J. French Hill
Republican Representative
Arkansas
Financial Services Committee
Finance and Financial Sector
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted