H.R. 459 · 112th Congress · 2011–2012
Federal Reserve Transparency Act of 2011
H.R. 459 in the 112th Congress (2011–2012), the Federal Reserve Transparency Act of 2011, has passed the house — introduced on Jan 26, 2011, sponsored by Ron Paul with 274 co-sponsors. Congress held 1 roll call vote on it.
During the 112th Congress (2011–2012), Barack Obama was president, and Republicans held the House majority and Democrats the Senate majority.
- Status
- Passed the House
- Introduced
- Jan 26, 2011
- Co-sponsors
- 274
- Policy area
- Finance and Financial Sector
What it does
Federal Reserve Transparency Act of 2012 - Directs the Comptroller General to: (1) complete, within 12 months of enactment of this Act, the required audit of the Board of Governors of the Federal Reserve System (Board) and of the Federal Reserve Banks; and (2) submit to Congress, within 90 days of audit completion, a detailed report of audit findings and conclusions. Repeals certain limitations placed upon such audit.
Summary by the nonpartisan Congressional Research Service.
Official title
Federal Reserve Transparency Act of 2012
Sponsor
Ron Paul (R-TX). Co-sponsors: 45 Democrats, 229 Republicans.
Where it stands
- IntroducedJan 26, 2011
- Passed the HouseJul 25, 2012
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 580. (Jan 1, 2013)
How Congress voted
- On Motion to Suspend the Rules and Pass, as Amended
House · Jul 25, 2012 · Passed327–98
Every roll call vote on this bill
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Committees
- Financial Services Committee
- Oversight and Accountability Committee
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 459 (112th Congress): Federal Reserve Transparency Act of 2011,” https://www.capitolreceipts.com/bill/112-hr-459/federal-reserve-transparency-act-of-2011 (accessed 2026-10-17).