S.1248: Fed Accountability Act of 2015

About This Bill

  • Introduced May 7, 2015
  • Latest Major Action May 7, 2015

Bill Cosponsor

Bill Summary

Fed Accountability Act of 2015 This bill amends the Federal Reserve Act to authorize each member of the Board of Governors of the Federal Reserve System to employ and select a maximum of four individuals for the member's staff and set their salaries. The Board must vote, at a properly noticed public meeting, on whether to resolve any enforcement action if its resolution involves the payment of at least $1 million in compensation, penalties,...

(Source: Library of Congress)

Bill Actions

Date Description
May 7, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 7, 2015

Introduced in the Senate by Elizabeth Warren (D-Mass.)

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