Senate bill S957-118

Banking, Housing, and Urban Affairs Committee

Federal Reserve Independence Act

• Last activity on Mar 23, 2023

• Introduced Mar 23, 2023

• By Sen. Sanders, Bernard [I-VT]

Support this bill

Federal Reserve Independence Act

This bill prohibits an employee of a bank holding company or other entity regulated by the Board of Governors of the Federal Reserve System from serving on the board of a Federal Reserve bank. Additionally, employees of the Federal Reserve System and board members of a Federal Reserve bank are prohibited from investing in companies regulated by the board.

Senate Actions

IntroReferral
Mar. 23 2023	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Library of Congress Actions

IntroReferral
Mar. 23 2023	Introduced in Senate

Senate bill S957-118

Federal Reserve Independence Act

Promote the cause!

Or use this QR code