CONGRESS FOR VOTERS

RepublicanSecond Degree Amendment · S.Amdt. 3535· Senate(119-SAMDT-3535)

To require Presidential appointment and Senate confirmation of the Inspector General of the Board of Governors of the Federal Reserve System and the Bureau of Consumer Financial Protection.

Rep. Scott
Age: 74 years
Florida
Introduced
8/1/2025
Last activity
10/9/2025 — Amendment SA 3535, under the order of 10/9/2025, not having achieved 60 votes in the affirmative, not agreed to in Senate by Yea-Nay Vote. 53 - 43. Record Vote Number: 563.
Sponsored by
Rick Scott
Cosponsors
None
Changes amendment
119-SAMDT-3748
On the bill
119-S-2296 — National Defense Authorization Act for Fiscal Year 2026
  1. Introduced
  2. Failed

What this amendment would do

SA 3535, submitted by Mr. Scott of Florida, aims to change how the Inspector General for the Board of Governors of the Federal Reserve System and the Bureau of Consumer Financial Protection is appointed and managed.

The amendment adds a new section to the law that includes the following changes:

  • It adds the Board of Governors of the Federal Reserve System and the Bureau of Consumer Financial Protection to specific sections of title 5, United States Code, and includes the Chairman of the Board of Governors of the Federal Reserve System.

  • It establishes that the Inspector General for these entities will have all authorities and responsibilities provided by the chapter, treating the Bureau of Consumer Financial Protection as if it were part of the Board of Governors of the Federal Reserve System.

  • It allows the Inspector General to act with respect to a Federal reserve bank without needing permission from that bank.

  • It links the roles of the Inspector General and the Chairman of the Board of Governors of the Federal Reserve System to the same provisions that apply to the Inspector General of the Department of the Treasury and the Secretary of the Treasury, with some specific exceptions.

These changes are set to take effect on January 31, 2029.

What Congress actually voted on

One recorded vote has been taken on this amendment.

  • The Senate: a vote on a proposed change to the billAmendment Rejected 53–43

    A vote on one change, not on the bill. A bill can collect dozens of these, and losing one does not stop it.

    10/09/2025 · Roll call 563 · recorded as “On the Amendment S.Amdt. 3535 to S.Amdt. 3748 to S. 2296 (No short title on file)”