S.2937: A bill to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate.

About This Bill

Bill Sponsor

Bill Summary

Amends the Federal Reserve Act to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate, for terms of five years. Requires the president of the Federal Reserve Bank of New York to testify annually to certain congressional committees.

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 18, 2014
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov. 18, 2014

Introduced in the Senate by Jack Reed (D-R.I.)

Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print Google News logo Google_NewsInitiative_Lockup_FullColor RSS Search Search Twitter WhatsApp Resolving differences Check Building Arrow right Info circle Oops OOPS Pencil File text Bars Search Close Cogs Filter Compare Revolving Door Info card Activity Member menu Globe Document External link Quote News Calendar No Vote
Current site Current page