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S. 530

Introduced

A bill to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate.

Introduced 2/23/2015•114th Congress•Senate

Latest Action

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-5.

3/3/2015 • Senate

Summary

Amends the Federal Reserve Act to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate, for terms of five years.

Requires the president of the Federal Reserve Bank of New York to testify annually to certain congressional committees.

Introduced in Senate • 2/23/2015

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Topics & Subjects

Congressional oversightFederal Reserve SystemFederal officialsNew York City

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (1)

Sponsor

S[
Sen. Reed, Jack [D-RI]

Democrat • RI

Sponsored 2/23/2015

No cosponsors yet

Cosponsors may be added as the bill moves through Congress

Bill Journey

Originated in the Senate

Introduced

February 23, 2015

Committee Review

March 3, 2015

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-5.

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate2/23/2015

Details

Bill TypeS
Current StatusIntroduced
Cosponsors0