Federal Reserve Transparency Act of 2014
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HR 24 — Federal Reserve Transparency Act of 2014
Last action — Received in the Senate.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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Died in session
This bill died with 113th Congress. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Federal Reserve Transparency Act of 2014 - Directs the Comptroller General (GAO) to: (1) complete, within 12 months of enactment of this Act, the required audit of the Board of Governors of the Federal Reserve System (Federal Reserve Board) and of the Federal Reserve Banks; and (2) submit to Congress, within 90 days of audit completion, a detailed report of audit findings and conclusions. Repeals certain limitations placed upon such audit. Repeals GAO authority to conduct audits of the Federal Reserve Board, a Federal Reserve Bank, or a credit facility pursuant to its determination that they are appropriate for specified assessments of a credit facility or a covered transaction.
Bill Text
We don't have the full text on file for this bill yet.
Read HR 24 on the official United States source →Action History
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Received in the Senate.
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Motion to reconsider laid on the table Agreed to without objection.
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On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 333 - 92 (Roll no. 504). (text: CR 9/16/2014 H7588)
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Considered as unfinished business. (consideration: CR H7635)
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At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 24.
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Considered under suspension of the rules. (consideration: CR H7588-7591)
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Mr. Meadows moved to suspend the rules and pass the bill, as amended.
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Placed on the Union Calendar, Calendar No. 447.
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Committee on Financial Services discharged.
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Reported (Amended) by the Committee on Oversight and Government Reform. H. Rept. 113-602, Part I.
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Ordered to be Reported (Amended) by Voice Vote.
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Committee Consideration and Mark-up Session Held.
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Referred to House Financial Services
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Referred to House Oversight and Government Reform
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Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsors
- Paul Broun · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on · 92 voted No
Sponsors (1)
- Paul Broun Republican
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 27 | 2 | 0 | 0 |
| D | 85 | 81 | 0 | 2 |
| Democrat | 21 | 7 | 0 | 0 |
| Whig | 1 | 1 | 0 | 0 |
| R | 198 | 0 | 0 | 4 |
| Jackson | 1 | 0 | 0 | 0 |
| Federalist | 0 | 1 | 0 | 0 |
| Total | 333 | 92 | 0 | 6 |
| % of votes cast | 77% | 21% | 0% | 1% |
How each member voted (431)
Subjects
Frequently asked questions
- What does HR 24 do?
- Federal Reserve Transparency Act of 2014 - Directs the Comptroller General (GAO) to: (1) complete, within 12 months of enactment of this Act, the required audit of the Board of Governors of the Federal Reserve System (Federal Reserve Board) and of the Federal Reserve Banks; and (2) submit to Congress, within 90 days of audit completion, a detailed report of audit findings and conclusions. Repeals certain limitations placed upon such audit. Repeals GAO authority to conduct audits of the Federal Reserve Board, a Federal Reserve Bank, or a credit facility pursuant to its determination that they are appropriate for specified assessments of a credit facility or a covered transaction.
- Who sponsors HR 24?
- HR 24 is sponsored by Paul Broun (Republican).
- What is the current status of HR 24?
- This bill died with 113th Congress. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 24?
- Track HR 24 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes about 18 hours ago · updated continuously
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