,i  #aaeth ,,congress  #b;d ,session    
,h4 ,r4 #dgia  ,,in ,,the ,,house ,,of  
,,representatives  ,january #ab1        
#bjah,mr4 ,mooney of ,west ,virginia    
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services  ,a ,,bill  ,to    
amend the ,federal ,reserve ,act to     
establish requirements for salaries1    
financial disclosures1 and office staff 
of the ,board of ,governors of the      
,federal ,reserve ,system1 and for other
 purposes4  #a4 ,short title ,this ,act 
may be cited as the ,federal ,reserve   
,disclosure ,act4  #b4 ,salaries1       
financial disclosures1 and office staff 
of the ,board of ,governors of the      
,federal ,reserve ,system  7a7 ,in      
general ,section #aa of the ,federal    
,reserve ,act 7#ab ,u4,s4,c4 #bdh7 is   
amended--  7#a7 by redesignating the    
second subsection 7s7 7relating to      
,assessments1 ,fees1 and ,other ,charges
 for ,certain ,companies7 as subsection 
7t72 and  7#b7 by adding at the end the 

following new subsections3  7u7         
,prohibited and restricted financial    
interests and transactions ,the members 
and employees of the ,board of          
,governors of the ,federal ,reserve     
,system shall be subject to the         
provisions under section #ddja4ajb of   
title #e1 ,code of ,federal             
,regulations1 to the same extent as such
 provisions apply to an employee of the 
,securities and ,exchange ,commission4  
7v7 ,disclosure of staff salaries and   
financial information ,the ,board of    
,governors of the ,federal ,reserve     
,system shall make publicly available1  
on the website of the ,board of         
,governors1 a searchable database that  
contains the names of all members1      
officers1 and employees of the ,board of
 ,governors who receive an annual salary
 in excess of the annual rate of basic  
pay for ,,gs-#ae of the ,general        
,schedule1 and--  7#a7 the yearly salary
 information for such individuals1 along
 with any nonsalary compensation        

received by such individuals2 and  7#b7 
any financial disclosures required to be
 made by such individuals4  4  7b7      
,office staff for each member of the    
,board of ,governors ,subsection 7l7 of 
section #aa of the ,federal ,reserve    
,act 7#ab ,u4,s4,c4 #bdh7 is amended by 
adding at the end the following3 ,each  
member of the ,board of ,governors of   
the ,federal ,reserve ,system may       
employ1 at a minimum1 #b individuals1   
with such individuals selected by such  
member and the salaries of such         
individuals set by such member4 ,a      
member may employ additional individuals
 as determined necessary by the ,board  
of ,governors44