S 5341 · 117th Congress

Federal Reserve Accountability Act of 2022

<p><b>Federal Reserve Accountability Act of 2022</b></p> <p> This bill reduces the number of Federal Reserve districts from 12 to 5, requires Senate confirmation for Federal Reserve bank presidents, and makes other changes to the operation of the Federal Reserve Board and Federal Reserve banks. </p>

Sponsor

Toomey, Patrick (R-PA)

Introduced

2022-12-21

Policy area

Finance and Financial Sector

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.