The main purpose of the Federal Reserve Accountability for Major Expenditures Act, also known as the FRAME Act, is to ensure that any significant capital spending by the Federal Reserve, specifically expenditures over 00 million, requires approval from Congress. This aims to increase oversight and accountability regarding how the Federal Reserve allocates its financial resources. Key provisions of the FRAME Act include a requirement for the Federal Reserve to submit requests for capital expenditures exceeding 00 million to Congress.