Requires the Federal Reserve to share more economic information with the public.
This bill would make the Federal Reserve more open about its decisions. It would require the Fed to meet more often, hold press conferences, and release economic reports, giving everyday Americans and businesses clearer insights into how monetary policy affects them.
Today, the Federal Open Market Committee (FOMC) meets at least four times each year, and while the Federal Reserve shares information, there are no specific laws requiring policy statements, press conferences, or regular reviews of its money policy or financial stability reports. If this bill becomes law, the FOMC would be required to meet once every 8 weeks, release a policy statement, and hold a press conference on meeting days, and release meeting minutes within 21 days. The Board of Governors would also have to perform a public review of its money policy framework every 5 years and release a Financial Stability Report every 180 days.
S 3476 · 119th Congress · December 15, 2025 · AI Summary by gemini-2.5-flash · 8/10
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