118th Congress Finance and Financial Sector
H.R. 5993: Federal Reserve Loss Transparency Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
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Other bills by J. Hill
History
- Introduced in the House by J. Hill.
Show the full action history (2 actions)
- Referred to the House Committee on Financial Services.
- Introduced in House