To amend the Federal Reserve Act to require the Chairman of the Board to address interest rate risk when appearing at semi-annual hearings before the Congress.
About This Bill
Committee
Latest Action · September 20, 2023
Referred to the House Committee on Financial Services.
Interest Rate Risk Reporting Act
This bill requires the Board of Governors of the Federal Reserve System to address interest rate risk during semiannual hearings before Congress. The board must address the vulnerability of the U.S. financial system to interest rate risk and the exposure of assets held by the board and Federal Reserve banks.
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