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OH SCR14

Concurrent Resolution

Status

Prefiled

N/A

Primary Sponsor

Kris Jordan

Click for details

Origin

Senate

131st General Assembly (2015-2016)

AI Summary

S.C.R. No. 14 Summary

  • Urges Congress to pass the "Federal Reserve Transparency Act of 2015" (H.R. 24)

  • Asserts the Federal Reserve System is not fulfilling its mandate to promote a healthy economy conducive to job growth and financial security

  • Requires the Comptroller General to audit the Board of Governors of the Federal Reserve System and Federal Reserve banks within twelve months after the Act becomes law

  • Claims lack of Federal Reserve transparency prevents public determination of the impact Federal Reserve decisions have on the nation's economic crisis

  • Directs the Ohio Senate Clerk to transmit copies of the resolution to the President, Congress, Ohio's Congressional delegation, and Ohio news media

Legislative Description

Urge enactment of Federal Reserve Transparency Act

Last Action

Refer to Committee: Government Oversight and Reform

1/20/2016

Committee Referrals

Government Oversight and Reform1/20/2016

Full Bill Text

No bill text available