HR 3173
Federal Reserve Financial Accountability and Transparency Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 6:41 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Federal Reserve Financial Accountability and Transparency Act, aims to increase transparency around how the Federal Reserve spends its money and allocates its resources. It requires the Federal Reserve Board to include detailed information in its annual report about spending and staffing across various departments, including supervision, legal functions, and research. Specifically, the report will outline expenditures and employee numbers for each Federal Reserve bank, categorized by activities like currency services and international cooperation. The changes will take effect two years after the bill’s passage.
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