# 119-hr-3173: Federal Reserve Financial Accountability and Transparency Act

119-hr-3173, Federal Reserve Financial Accountability and Transparency Act, is a 119th Congress bill sponsored by Rep. Williams, Roger [R-TX-25] (R-TX); status introduced; PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/legislation/119-hr-3173
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3173
- Congress: 119
- Title: Federal Reserve Financial Accountability and Transparency Act
- Status: introduced
- Introduced: 2025-05-01
- Sponsor: Rep. Williams, Roger [R-TX-25] (R-TX)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-11-01

## Summary

**Detailed spending and staffing transparency at the Federal Reserve** would require the Board and each Federal Reserve Bank to publish annual, bank-level expenditures and full-time equivalent (FTE) staff by activity, name top research priorities, and report spending tied to rulemaking. - For Congress and the public: Would provide annual, bank-by-bank breakdowns of spending and FTEs across seven specified categories and the three most important research areas, giving lawmakers and citizens clearer oversight. - For the Federal Reserve Board and Reserve Banks: Would require them to collect and publish expenditures and FTEs by activity category, list their three largest research areas by spending and staff, and disclose prior-year expenditures for each proposed or finalized rule. It would take effect two years after enactment. - For researchers, journalists, and watchdogs: Would reveal year-to-year dollar and staff resources devoted to specific rules, guidance, and policy statements, helping outside observers track regulatory priorities and costs.

## Provisions PRIA read

- More detailed Fed spending reports: benefit, low. If enacted, the Federal Reserve would add detailed breakouts to its annual report, starting two years after enactment. Each Reserve Bank would show yearly spending and full‑time staff by category: supervision, legal, operations (currency, ACH, check, wholesale payments), financial stability and ope…

## Related bills

- 119-hr-137: TCJA Permanency Act
- 119-hr-4312: SCORE Act
- 119-hr-2570: Maximum Pressure Act
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-624: RIFLE Act of 2025
- 119-hr-3132: CHOICE for Veterans Act of 2025

## Sources
- [119-hr-3173 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3173)

## Related
- [119-hr-137: TCJA Permanency Act](https://policyrisk.com/legislation/119-hr-137)
- [119-hr-4312: SCORE Act](https://policyrisk.com/legislation/119-hr-4312)
- [119-hr-2570: Maximum Pressure Act](https://policyrisk.com/legislation/119-hr-2570)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-624: RIFLE Act of 2025](https://policyrisk.com/legislation/119-hr-624)
- [119-hr-3132: CHOICE for Veterans Act of 2025](https://policyrisk.com/legislation/119-hr-3132)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3173 (as of 2026-11-01).