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S. 3490: Federal Reserve Regulatory Oversight Act


We don’t have a summary available yet.

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jan 12, 2022.


Federal Reserve Regulatory Oversight Act

This bill requires the Board of Governors of the Federal Reserve System and Federal Reserve banks to collect assessments and other fees to offset annual appropriations with respect to nonmonetary policy-related administrative costs to the board. The board and the banks may only incur obligations or allow and pay expenses with respect to nonmonetary policy-related administrative costs pursuant to appropriations.