Bill · S. 2843· Senate(119-S-2843)
FRAME Act
- Introduced
- 9/17/2025
- Last activity
- 9/17/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Rick Scott
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
The "Federal Reserve Accountability for Major Expenditures Act," or the "FRAME Act," aims to give Congress more control over the Federal Reserve's spending. Under this bill, the Federal Reserve is prohibited from making any capital expenditure larger than $100,000,000 if Congress passes a joint resolution of disapproval within 60 days of receiving the request. The Act establishes strict, fast-track procedures for both the House and Senate to introduce and vote on these resolutions. These procedures include specific timelines for committee reporting and floor consideration to ensure quick action. This legislation effectively allows Congress to block major capital expenditures by the Federal Reserve through a specific legislative process.
Yes
Does this reduce what the federal government spends?+2
The bill provides a mechanism for Congress to block large capital expenditures by the Federal Reserve.
Does this make the government pay for what it commits to?+2
The bill increases congressional oversight of major Federal Reserve spending decisions.
Does this make what the government does easier for the public to see?+2
The bill subjects Federal Reserve capital expenditure requests to a specific congressional review and voting process.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Congressional Oversight of Federal Reserve Spending: The bill prevents the Federal Reserve from making capital expenditures exceeding $100,000,000 if a joint resolution of disapproval is enacted (Section 2(a)). This allows Congress to intervene in major financial decisions made by the Federal Reserve.
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Streamlined Legislative Process for Oversight: The Act provides "fast track" procedures in both the House and Senate to ensure that disapproval of expenditures can happen quickly (Section 2(c) and Section 2(d)). This includes specific timelines for committee reporting and floor consideration, allowing for timely responses to spending requests.
Potential Negative Impacts for People
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Restrictions on Federal Reserve Capital Expenditures: The Federal Reserve may be unable to complete capital expenditures exceeding $100,000,000 if a joint resolution of disapproval is passed within a 60-day window (Section 2(a)).
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Mandated Fast-Track Procedures: The bill imposes strict time limits on how the House and Senate handle these resolutions, such as requiring committees to report within 20 days or face discharge (Section 2(c)(1)). This limits the time available for traditional legislative deliberation.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Fiscal Responsibility+2Reduces Government Spending+2
- Governance And Ideology
- Improves Government Transparency+2
- 9/17/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced in Senate