Search Results for keywords:"board of governors"

Search Results: keywords:"board of governors"

H. R. 10198 — To amend the Federal Reserve Act to require the Board of Governors of the Federal Reserve System to establish goals for the use of diverse investment advisers, brokers, and dealers in investment management agreements related to the Board of Governors unusual and exigent circumstances authority, and for other purposes.
November 21, 2024
Status:Introduced in House
Congress:118
Words:721
H.R. 10198 aims to modify the Federal Reserve Act by requiring the Board of Governors to set goals for including diverse firms in investment management deals during emergencies. The bill encourages using investment advisers and intermediaries that are at least 51% owned or...
Simple Explanation
The H.R. 10198 bill wants the people in charge of America's money to make more room for businesses owned by women, minorities, or veterans when they need help managing money during tricky times. It tries to make sure these special businesses get a fair shot at helping out, just like everyone else.
H. R. 9919 — To amend title 39 of the United States Code to require the Postmaster General to be appointed by the President, subject to Senate confirmation, and for other purposes.
October 04, 2024
Status:Introduced in House
Congress:118
Words:465
H.R. 9919, known as the "Postmaster General Reform Act of 2024," proposes changes to how the Postmaster General is selected. According to the bill, the Postmaster General will be appointed by the President and must be confirmed by the Senate, and this new procedure changes...
Simple Explanation
H.R. 9919 suggests a new way to pick the person in charge of the U.S. Mail, called the Postmaster General. The President would choose this person, but the Senate has to agree too, and this person can do the job for five years at a time, twice if the Senate says okay.
H. R. 10378 — To establish the Critical Mineral Reserve of the United States, and for other purposes.
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December 11, 2024
Status:Introduced in House
Congress:118
Words:7,427
H.R. 10378 proposes the creation of the Critical Mineral Reserve of the United States to ensure a stable and secure supply of essential materials like those used in tech, defense, and renewable energy sectors. The bill responds to concerns about the U.S.'s reliance on foreign...
Simple Explanation
H.R. 10378 is a plan to make sure the United States has enough special rocks and minerals needed to build things like phones, computers, and batteries by keeping a big stash of them, so they don't have to depend too much on other countries. They will spend a lot of money to start this stash and help businesses that work with these minerals, but they need to be careful about how they spend it and make sure everything is fair and open.
S. 5080 — To amend title 39 of the United States Code to require the Postmaster General to be appointed by the President, subject to Senate confirmation, and for other purposes.
September 18, 2024
Status:Introduced in Senate
Congress:118
Words:461
S. 5080 aims to amend title 39 of the United States Code to change how the Postmaster General is appointed. The bill proposes that the Postmaster General should be appointed by the President and confirmed by the Senate, rather than solely by the Board of Governors. It sets a...
Simple Explanation
This bill wants to change how the boss of the U.S. Postal Service, called the Postmaster General, gets picked. Instead of just a small group deciding, the President chooses, and the Senate has to agree, for more fairness and openness.
S. 4463 — To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
June 05, 2024
Status:Introduced in Senate
Congress:118
Words:754
S. 4463, known as the "Federal Reserve Board Abolition Act," proposes to abolish the Board of Governors of the Federal Reserve System and the Federal Reserve banks, and repeal the Federal Reserve Act one year after the bill's enactment. During this time, the Chairman of the...
Simple Explanation
S. 4463 wants to close down a big money management system in the U.S. called the Federal Reserve and sell all their things to give the money to the government, but this might make it hard to keep the economy working smoothly.
H. R. 8591 — To amend the Federal Reserve Act to add requirements to the annual report of the Board of Governors of the Federal Reserve System, and for other purposes.
May 31, 2024
Status:Introduced in House
Congress:118
Words:517
H.R. 8591 seeks to amend the Federal Reserve Act by adding new requirements to the annual report of the Board of Governors of the Federal Reserve System. The bill requires the report to include details about annual expenditures and full-time employees for various activities...
Simple Explanation
H.R. 8591 wants the people in charge of the United States' money and banks to write more detailed reports about how they spend their money and what they spend it on. It will take two years for these new rules to start working.
S. 3566 — To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes.
January 10, 2024
Status:Introduced in Senate
Congress:118
Words:861
S. 3566 mandates a full audit of the Board of Governors of the Federal Reserve System and the Federal Reserve banks by the Comptroller General of the United States. The audit must be completed within 12 months from the enactment of this Act, and a detailed report with...
Simple Explanation
The bill wants an important check-up to see how the money handlers of America, called the Federal Reserve, are doing. A special inspector will look into their work and share a big report on it with the leaders to make sure everything is okay.

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