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- S.3219
S.3219: Federal Reserve Independence Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced May 22, 2012
- Latest Major Action May 22, 2012
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Federal Reserve Independence Act - Amends the Federal Reserve Act regarding class A membership on the board of directors of a Federal Reserve Bank to require the Board of Governors of the Federal Reserve System (Federal Reserve Board) to designate members from among persons who are not employed in any capacity by a stockholding bank. Requires the Federal Reserve Board to designate the class B members of such board of directors (class B members...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
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| May 22, 2012 |
Introduced in the Senate by Bernard Sanders (ID-Vt.) |