1. Short title This Act may be cited as the Financial Regulatory Accountability Act of 2023 . 2. Special Inspector General for Financial Regulatory Abuses and Misconduct (a) Definitions In this section: (1) Appropriate committees of Congress The term appropriate committees of Congress means— (A) the Committee on Banking, Housing, and Urban Affairs of the Senate; (B) the Subcommittee on Financial Services and General Government of the Committee on Appropriations of the Senate; (C) the Committee on Financial Services of the House of Representatives; and (D) the Subcommittee on Financial Services and General Government of the Committee on Appropriations of the House of Representatives. (2) Covered agencies The term covered agencies means— (A) the Securities and Exchange Commission; (B) the Board of Governors of the Federal Reserve System; (C) the Office of the Comptroller of the Currency; (D) the Federal Deposit Insurance Corporation; (E) the Commodity Futures Trading Commission; (F) the Federal Housing Finance Agency; (G) the Bureau of Consumer Financial Protection; and (H) the National Credit Union Administration. (b) Office of Inspector General There is hereby established within the Department of the Treasury the Office of the Special Inspector General for Financial Regulatory Abuses and Misconduct. (c) Appointment of Inspector General; removal