A bill to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate.
About This Bill
Committee
Latest Action · November 18, 2014
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Amends the Federal Reserve Act to require the president of the Federal Reserve Bank of New York to be appointed by the President, by and with the advice and consent of the Senate, for terms of five years.
Requires the president of the Federal Reserve Bank of New York to testify annually to certain congressional committees.
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