CDFI Fund Transparency Act

This bill would change a 1994 federal law that created the Community Development Financial Institutions Fund, which is run by the Treasury Department. It would require the Secretary of the Treasury, or someone the Secretary chooses, to testify once a year before the House Financial Services Committee and the Senate Banking, Housing, and Urban Affairs Committee, or their subcommittees. The testimony would cover how the Fund operated during the previous year. The timing and need for the testimony would be at the discretion of the chairs of those two committees.

Full text and official record on Congress.gov

Sponsors

• John W. Rose Republican sponsor
• 1 cosponsors