Fed Integrity and Independence Act of 2025

This bill would change the Federal Reserve Act so that members of the Federal Reserve Board of Governors cannot hold any other job they were appointed to by the President at the same time, even if they are on leave from that other job. The same rule would apply to the presidents of the regional Federal Reserve Banks and to the first vice president of the Federal Reserve Bank of New York. Anyone in one of these positions who breaks this rule when the bill becomes law would be removed from the Federal Reserve position on that date. The bill also states Congress's view that the Federal Reserve should be independent from political interference by the President.

Full text and official record on Congress.gov

Sponsors

• Juan Vargas Democrat sponsor
• 4 cosponsors