Politiparty
Politiparty

118th Congress Finance and Financial Sector

S. 3095: Federal Reserve Loss Transparency Act

Introduced

  1. Introduced (completed)Oct 19, 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, Oct 19, 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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Who scored on this bill

0 points earned

No member has earned points from it yet.

See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Bill Hagerty

History

  1. Oct 19, 2023Introduced in the Senate by Bill Hagerty.
Show the full action history (2 actions)
  1. Oct 19, 2023Introduced in Senate
  2. Oct 19, 2023Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.