{"data":{"id":"us/12-u.s.c.-247a","jurisdiction":"us","citation":"12 U.S.C. § 247a","heading":"Records of action on policy relating to open-market operation and policies determined generally; inclusion in report to Congress","body":"The Board of Governors of the Federal Reserve System shall keep a complete record of the action taken by the Board and by the Federal Open Market Committee upon all questions of policy relating to open-market operations and shall record therein the votes taken in connection with the determination of open-market policies and the reasons underlying the action of the Board and the Committee in each instance. The Board shall keep a similar record with respect to all questions of policy determined by the Board, and shall include in its annual report to the Congress a full account of the action so taken during the preceding year with respect to open-market policies and operations and with respect to the policies determined by it and shall include in such report a copy of the records required to be kept under the provisions of this section.","path":["Title 12—BANKS AND BANKING","CHAPTER 3—FEDERAL RESERVE SYSTEM"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc12@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:56:24Z","sha256":"4657d1ea9a5f172c6c81fa0828284f086af78f9927e939d46c13fac9809dfec4","source_id":"us","stale":true,"prev":"us/12-u.s.c.-247","next":"us/12-u.s.c.-247b"},"notice":"GroundRules: Original legal text. Not legal advice."}