S. 604 (111th): Federal Reserve Sunshine Act of 2009

Introduced:
Mar 16, 2009 (111th Congress, 2009–2010)
Status:
Died (Referred to Committee)
Sponsor
Bernard “Bernie” Sanders
Senator from Vermont
Party
Independent
Text
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Last Updated
Mar 16, 2009
Length
3 pages
Related Bills
S. 2939 (Related)
A bill to amend title 31, United States Code to require an audit of ...

Reported by Committee
Last Action: Jan 21, 2010

H.R. 1207 (Related)
Federal Reserve Transparency Act of 2009

Referred to Committee
Last Action: Feb 26, 2009

 
Status

This bill was introduced on March 16, 2009, in a previous session of Congress, but was not enacted.

Progress
Introduced Mar 16, 2009
Referred to Committee Mar 16, 2009
 
Full Title

A bill to amend title 31, United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported, and for other purposes.

Summary

No summaries available.

Cosponsors
32 cosponsors (22R, 10D) (show)
Committees

Senate Banking, Housing, and Urban Affairs

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


3/16/2009--Introduced.
Federal Reserve Sunshine Act of 2009 - Repeals the authority of the Comptroller General to carry out an onsite examination of an open insured bank or bank holding company only if the appropriate federal regulatory agency has consented in writing. (Retains the authority of the Comptroller General to audit a federal agency.)
Directs the Comptroller General to complete, before the end of 2010, an audit of the Board of Governors of the Federal Reserve System and of the federal reserve banks, followed by a detailed report to Congress.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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