Rand Paul (R-KY)

S.Amdt. 2266

S.Amdt. 2266 · Senate amendment

A Republican amendment with no cosponsors

Changes S. 1582 — GENIUS Act

Not adopted

This amendment was never taken up, and the bill finished without it. It was never voted on.

Its path through Congress

  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

This amendment would add requirements for an audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks.

The Comptroller General of the United States must complete this audit within 12 months after the Act is enacted.

Within 90 days of finishing the audit, the Comptroller General must submit a report to Congress and make it available to various leaders in the House of Representatives and the Senate.

The report must include a detailed description of the findings, conclusions, and any recommendations for legislative or administrative action.

The amendment also changes existing laws regarding how information is shared and defines certain programs or entities.