HR 5499
Fed Integrity and Independence Act of 2025
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Bill overview
This bill, the Fed Integrity and Independence Act of 2025, aims to strengthen the independence of the Federal Reserve System by preventing conflicts of interest. It prohibits Presidentially appointed employees from holding dual roles, including serving on the Board of Governors or as a Federal Reserve Bank president or first vice president. The bill clarifies that these positions should not be combined with other appointments, even during leave of absence. Individuals currently holding these positions as of the bill’s enactment will be removed from their roles.
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