Politiparty
Politiparty

118th Congress Finance and Financial Sector

S. 2411: Rein in the Federal Reserve Act

Introduced

  1. Introduced (completed)Jul 20, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Jul 20, 2023

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.

Written by the Congressional Research Service, Library of Congress.

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Other bills by Rick Scott

History

  1. Jul 20, 2023Introduced in the Senate by Rick Scott.
Show the full action history (2 actions)
  1. Jul 20, 2023Introduced in Senate
  2. Jul 20, 2023Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.