A bill to require Presidential appointment and Senate confirmation of the Inspector General of the Board of Governors of the Federal Reserve System and the Bureau of Consumer Financial Protection.

Senate Bill 1627 would require the President to nominate and the Senate to confirm the Inspector General for both the Federal Reserve Board of Governors and the Bureau of Consumer Financial Protection. Currently, these positions may not require Senate confirmation under federal law. The bill amends Title 5 of the U.S. Code to add this confirmation requirement, aligning the appointment process with other federal inspector general roles. This change directly affects how these two financial oversight positions are filled, without altering the inspectors general's duties or authority.