Federal Reserve Loss Transparency Act

United States118th CongressHR-5993House of Representatives
Updated: Oct 25, 2023

Summary

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.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

Latest companion bill action

S-3095: Federal Reserve Loss Transparency Act

Introduced in Senate

  1. Introduced in House

  2. Referred to the House Committee on Financial Services.

    House of Representatives

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