Bill · S. 2817· Senate(119-S-2817)
Fed Integrity and Independence Act of 2025
- Introduced
- 9/16/2025
- Last activity
- 9/16/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Ruben Gallego
- Cosponsors
- - 8 - 0
- Introduced
- In Committee
What this bill would do
This bill is known as the Fed Integrity and Independence Act of 2025. It amends the Federal Reserve Act to stop people from holding dual appointments within the Federal Reserve System. The text explains that the Federal Reserve plays a critical role in the economy and needs to be kept safe from political interference. According to the bill, having political actors in the Federal Reserve raises concerns about conflicts of interest. The legislation bans members of the Board of Governors, Federal Reserve Bank presidents, vice presidents, officers, employees, and board of directors members from simultaneously holding any other office, position, or employment for which they are appointed by the President. This ban includes holding these roles even under a leave of absence.
Yes· 3 of 8
Does this make what the government does easier for the public to see?+5
By eliminating dual roles for politically appointed individuals within the Federal Reserve, the legislation enhances institutional integrity and transparency.
Is this likely to grow the economy?+3
Insulating monetary policy from short-term political pressures supports long-term economic stability and growth.
Would households on low incomes be better off under this?+2
Stable economic conditions and controlled inflation resulting from an independent central bank benefit low-income households.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Section 3(a): This section stops members of the Board of Governors from simultaneously holding any other office, position, or employment for which they are appointed by the President, including under a leave of absence. This is positive because it helps ensure a clear separation between political actors and monetary policy decisions, preventing conflicts of interest and keeping the Federal Reserve independent.
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Section 3(b): This section stops a president, vice president, officer, or employee of a Federal Reserve Bank from simultaneously holding any other office, position, or employment for which they are appointed by the President, including under a leave of absence. This is positive because it protects the credibility and effectiveness of the Federal Reserve System by preventing undue influence from short-term political pressures.
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Section 3(c): This section stops a member of a Federal Reserve bank board of directors from simultaneously holding any other office, position, or employment for which they are appointed by the President, including under a leave of absence. This is positive because it addresses concerns about conflicts of interest by making sure politically affiliated individuals do not have a dual role in the system.
Potential Negative Impacts for People
The provided text does not contain any specific sections or provisions that outline negative consequences, burdens, or negative impacts for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+2Good For Low Income Households+2Good For Middle Class Households+2Good For Retirees+2
- Governance And Ideology
- Improves Government Transparency+5Increases Federal Power+1
- Economy And Finance
- Improves Economic Growth+3Reduces Inflation+2
- 9/17/2025
- 1 Cosponsor added.
- 9/16/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 7 Cosponsors added.
- Introduced in Senate
Angela AlsobrooksDemocrat · Maryland
Lisa Blunt RochesterDemocrat · Delaware
Catherine Cortez MastoDemocrat · Nevada
Andy KimDemocrat · New Jersey
Chris Van HollenDemocrat · Maryland
Raphael WarnockDemocrat · Georgia
Mark WarnerDemocrat · Virginia
Elizabeth WarrenDemocrat · Massachusetts