; (D) an outline of the pace, size, and specific financial products purchased and anticipated to be purchased under the program; (E) a plan with a specific timeline for ending the program by a date that is not later than 3 years after the date on which the Board of Governors initiates the program, such that the program does not become part of the standard operations of the Board of Governors, including, if applicable, a description of the rationale for why the program should extend beyond 1 year; and (F) an assessment of any potential risks to price stability that may result from the program. (b) Limitation on duration and renewal of programs The Board of Governors shall not engage in any program described in subsection (a)(1) for a period longer than 1 year without authorization from Congress. (c) Disapproval of standing programs With respect to any program described in subsection (a)(1)— (1) the report submitted under that subsection shall be considered to be the report required under section 801(a)(1)(A) of title 5, United States Code; and (2) the program shall be subject to the procedure for congressional disapproval under chapter 8 of title 5, United States Code.