HB4975Introduced in the House
TOO LATE Act Timely Oversight of Operations, Liquidity, Accountability, Targeting, and Effectiveness Act
Introduced by Earl Carter, District GA-1
What does this bill do?
Plain-English breakdown
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Official description
To amend the Federal Reserve Act to establish procedures for removal of the Chairman of the Board of Governors of the Federal Reserve System, and for other purposes.
Where it stands
Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
August 15, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
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Bill history
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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