H.R.5018: Federal Reserve Accountability and Transparency Act of 2014

About This Bill

  • Introduced July 7, 2014
  • Latest Major Action July 30, 2014

Bill Summary

Federal Reserve Accountability and Transparency Act of 2014 - Amends the Federal Reserve Act (FRA) to direct the Chairman of the Federal Open Market Committee (FOMC) to submit to the Comptroller General (GAO) and to certain congressional committees a Directive Policy Rule (DPR), including an identification of FOMC members who voted in its favor. Defines DPR as a policy rule developed by the FOMC that meets specified requirements and provides...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 7 statements associated with H.R.5018.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.5018.

Bill Actions

Date Description
July 30, 2014
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 26.
July 30, 2014
Committee Consideration and Mark-up Session Held.
July 10, 2014
Committee Hearings Held.
July 7, 2014
Referred to House Oversight and Government Reform
July 7, 2014
Referred to House Financial Services
July 7, 2014

Introduced in the House by Bill Huizenga (R-Mich.)

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