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Code · BILL · 118th Congress · S. 1155 (Introduced in Senate) — To amend the Federal Reserve Act to provide greater accountability to the Federal Reserve System, and for other purpo... · Sec. 6

Sec. 6. Lobbying with moneys

241 words·~1 min read·/bill/118/s/1155/is/section-6

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The Federal Reserve Act is amended by inserting after section 15 ( 12 U.S.C. 391 et seq. ) the following: No part of the income, interest, fees, money, or other funds of the Board of Governors of the Federal Reserve System or any Federal Reserve bank shall, in the absence of express authorization by Congress, be used directly or indirectly to pay for any personal service, advertisement, telegram, telephone, letter, printed or written matter, or other device, intended or designed to influence in any manner a Member of Congress, a jurisdiction, or an official of any government, to favor, adopt, or oppose, by vote or otherwise, any legislation, law, ratification, policy, or appropriation, whether before or after the introduction of any bill, measure, or resolution proposing such legislation, law, ratification, policy, or appropriation; but this shall not prevent officers or employees of the Federal Reserve System from communicating to any such Member or official, at his request, or to Congress or such official, through the proper official channels, requests for any legislation, law, ratification, policy, or appropriations which they deem necessary for the efficient conduct of the public business, or from making any communication whose prohibition by this section might, in the opinion of the Attorney General, violate the Constitution or interfere with the conduct of foreign policy, counter-intelligence, intelligence, or national security activities.
Violations of this section shall constitute violations of section 1352(a) of title 31, United States Code. .
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Lobbying with moneys
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