S 2843
FRAME Act
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The FRAME Act aims to increase transparency and accountability in how the Federal Reserve spends taxpayer money. It requires congressional approval – through a joint resolution – for any capital expenditure of $100 million or more. The bill establishes specific procedures for both the House and Senate to quickly consider and vote on these resolutions, streamlining the process to ensure Congress has a say in the Fed’s spending decisions.
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