S 3490 United States Senate · 117th Congress

Federal Reserve Regulatory Oversight Act

Summary
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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
President
Introduced Jan 12, 2022 Last action Jan 12, 2022
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jan 12, 2022
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Jan 12, 2022
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Thom Tillis
Thom Tillis
RRepublican
NC
n/a