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.