This bill, known as the "Regular Order for Investments of the Federal Reserve Act," introduces new limitations on the types of assets Federal Reserve banks can purchase and mandates enhanced financial transparency. It prohibits Federal Reserve banks from acquiring Treasury bills with maturities over three years, mortgage-backed securities, and common stock. The legislation further requires the Federal Reserve Board, the Federal Open Market Committee, and Federal Reserve banks to adhere to Generally Accepted Accounting Principles (GAAP) for all filings and to use mark-to-market valuations for financial estimates. Additionally, it mandates annual reports to Congress on the impact of Federal Reserve policies on the middle class and small business lending and credit availability.