HR 5499 United States House · 119th Congress

Fed Integrity and Independence Act of 2025

This bill prohibits current and future members of the Federal Reserve's Board of Governors, Federal Reserve Bank presidents, and the First Vice President of the Federal Reserve Bank of New York from simultaneously holding any other position appointed by the President - including those held on leave. It amends the Federal Reserve Act to explicitly ban such dual appointments, ensuring these key monetary policy roles remain free from potential political conflicts. The law also terminates any current official who holds another presidentially-appointed position as of the bill's enactment date. This targets concerns about presidential influence on Fed independence, as outlined in the bill's findings. The change applies directly to the Fed's highest leadership positions, not to general Fed employees or policy decisions.
Bill status in committee 1 of 4 stages cleared
Introduction
Sep 2025
Committee Review
Floor Vote
President
Introduced Sep 18, 2025 Last action Sep 18, 2025
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Committee
1
Sep 18, 2025
Committee
Referred to the House Committee on Financial Services.
lower
Sep 18, 2025
Introduced
Introduced in House
lower
1 primary · 4 co-sponsors

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