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 · March 3, 2015
Committee on Banking, Housing, and Urban Affairs. Hearings held.
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.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.