S.1457: Federal Reserve Credit Facility Review Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced July 15, 2009
  • Latest Major Action July 15, 2009

Bill Cosponsor

Bill Summary

Federal Reserve Credit Facility Review Act of 2009 - Authorizes the Comptroller General to conduct reviews and onsite examinations of: (1) any credit facility established by the Federal Reserve Board or any federal reserve bank; and (2) such credit facility's establishment as the lender of last resort (including providing credit under enhancements to traditional lending facilities and credit facilities). Cites the credit facilities to which...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
July 15, 2009

Introduced in the Senate by Susan Collins (R-Maine)

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