The Bill “Federal Reserve Supervision Testimony Clarification Act” Has Been Passed

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Rep. Josh Gottheimer (D)
Rep. Josh Gottheimer (D)

The bill To amend the Federal Reserve Act to require the Vice Chairman for Supervision of the Board of Governors of the Federal Reserve System to provide a written report, and for other purposes. has passed the House of Representatives

This bill passed the House on Mar 11, 2019. It was introduced by (D) Representative Josh Gottheimer from NJ.

Summary: Federal Reserve Supervision Testimony Clarification Act This bill requires the Vice Chairman for Supervision of the Federal Reserve Board to provide a written testimony on board efforts regarding the supervision of certain financial institutions. If such position is vacant, another specified representative of the board must testify.

This bill mainly relates to these subjects; Congressional oversight, Federal Reserve System, Government information and archives, Evidence and witnesses and Finance and Financial Sector.

Bill Cosponsors

  • (R) Rep. Frank D. Lucas from OK
  • (R) Rep. Van Taylor from TX

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