House bill · 119th Congress · Latest step: Introduced
TOO LATE Act
Official title: To amend the Federal Reserve Act to establish procedures for removal of the Chairman of the Board of Governors of the Federal Reserve System, and for other purposes.
Sponsor: Rep. Earl Carter R-GAWhere it went
- IntroducedAug 15, 2025
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Aug 15, 2025 — Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Cost and committee reports
Official records Congress.gov attaches to H.R. 4975.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. CARTER of Georgia, as printed in the Congressional Record (Vol. 171, No. 138, August 15, 2025, Page H3699):Article I, Section 8, Clauses 1, 3, and 18, and Section 5 of the Fourteenth Amendment of the United States Constitution.Source: Congress.gov, Congressional Record August 15, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 120 characters
- Congress.gov bill record
- H.R. 4975, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/4975
- Record last updated by Congress.gov
- September 19, 2025
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
75347166311ac882354a0475bdec7fe08511ae793f0bf8164966bfce8c3a2b9d
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of September 19, 2025). Not every bill gets one.
From the Congress.gov bill record for H.R. 4975, last updated September 19, 2025. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
No cosponsors.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Earl Carter.
- H.R. 2821 (119th) FDA Modernization Act 3.0
- H.R. 261 (119th) Undersea Cable Protection Act of 2025
- H.R. 2493 (119th) Improving Care in Rural America Reauthorization Act of 2025
- H.R. 1455 (119th) ITS Codification Act
- H.Res. 283 (119th) Electing a Member to a certain standing committee of the House of Representatives.
- H.R. 2289 (119th) American Broadband Deployment Act of 2025
Sponsor’s state and district
Data as of Sep 13, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.