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11.2 Comptroller General to Audit Fed Emergency Lending

<< Title XI Overview

11.2 Comptroller General to Audit Fed Emergency Lending

 

 


            11.2.     Comptroller General to Audit Fed Emergency Lending.  The Comptroller General may conduct audits of a credit facility offered by the Fed (or Reserve Bank).  It is to report to Congress within 90 days of completing such an audit, subject to certain limitations governing the disclosure of sensitive information.  Non-redacted copies of the report are to be released within 1 year after the Fed's credit facility terminates.  [§1102]