Congressman Mike Simpson joined his colleagues in the House of Representatives today and passed HR 459, the Federal Reserve Transparency Act. “Increasing the transparency and accountability of the Federal Reserve to Congress has become more critical in light of the expansion of the Federal Reserve's balance sheet since the financial crisis of 2008-2009,” Simpson said. “Decisions made by the Federal Reserve impact our nation’s economic health and I believe the American people should have greater access to information about these decisions.”