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H.R. 24 (115th): Federal Reserve Transparency Act of 2017

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To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Thomas Massie

Sponsor. Representative for Kentucky's 4th congressional district. Republican.

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Last Updated: Sep 21, 2017
Length: 8 pages
Introduced
Jan 3, 2017
115th Congress, 2017–2019
Status
Died in a previous Congress

This bill was introduced on March 28, 2017, in a previous session of Congress, but was not enacted.

Source

Position statements

What legislators are saying

Press Release: U.S. Representative Massie Reintroduces Bill to Audit the Federal Reserve
    — Rep. Thomas Massie [R-KY4] (Sponsor) on Jan 4, 2017

Fitzpatrick: Audit the Federal Reserve
    — Rep. Brian Fitzpatrick [R-PA1] (Co-sponsor) on Jul 31, 2018

Gabbard-Cook Bill to Incentivize Hiring Veterans Passes House
    — Rep. Tulsi Gabbard [D-HI2] on Feb 13, 2017

More statements at ProPublica Represent...

What stakeholders are saying

Institute for Spending Reform SpendingTracker.org estimates H.R. 24 will add $6 million in new spending through 2022.

History

Jan 3, 2017
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Mar 28, 2017
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Sep 21, 2017
 
Reported by House Committee on Oversight and Government Reform

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

H.R. 24 (115th) was a bill in the United States Congress.

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

This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.

How to cite this information.

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“H.R. 24 — 115th Congress: Federal Reserve Transparency Act of 2017.” www.GovTrack.us. 2017. October 18, 2019 <https://www.govtrack.us/congress/bills/115/hr24>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.