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S. 264 · 114th Congress · 2015–2016

Federal Reserve Transparency Act of 2015

S. 264 in the 114th Congress (2015–2016) was introduced on Jan 27, 2015, sponsored by Rand Paul with 34 co-sponsors.

During the 114th Congress (2015–2016), Barack Obama was president, and Republicans held majorities in both the House and Senate.

Status
Introduced
Introduced
Jan 27, 2015
Co-sponsors
34
Policy area
Finance and Financial Sector

What it does

Federal Reserve Transparency Act of 2015 This bill directs the Government Accountability Office (GAO) to: (1) commence and complete an audit of the Board of Governors of the Federal Reserve System and of the Federal Reserve Banks within 12 months of enactment of this Act, and (2) report findings and conclusions to Congress within 90 days of completing the audit. The bill also repeals certain limitations upon such an audit.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Rand Paul (R-KY). Co-sponsors: 1 Democrat, 33 Republicans.

Where it stands

  • IntroducedJan 27, 2015
  • Passed the Senate—
  • Passed the House—
  • Sent to the President—
  • Became law—

Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Jan 27, 2015)

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “S. 264 (114th Congress): Federal Reserve Transparency Act of 2015,” https://www.capitolreceipts.com/bill/114-s-264/federal-reserve-transparency-act-of-2015 (accessed 2026-10-17).