HR 24
Federal Reserve Transparency Act of 2025
Summary
Federal Reserve Transparency Act of 2025 This bill directs the Government Accountability Office (GAO) to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks. In addition, the bill allows the GAO to audit the Federal Reserve Board and Federal Reserve banks with respect to (1) international financial transactions; (2) deliberations, decisions, or actions on monetary policy matters; (3) transactions made under the direction of the Federal Open Market Committee; and (4) discussions or communications among Federal Reserve officers, board members, and employees regarding any of these matters.
Bill status
- Status
- In committee
- Sponsor
- Rep. Thomas Massie [R-KY-4]
- Cosponsors
- 46
- Policy area
- Finance and Financial Sector
- Introduced
- 2025-01-03
- Latest action
- 2025-01-03: Referred to the House Committee on Oversight and Government Reform.
Committee referrals
Recent actions
- 2025-01-03: Referred to the House Committee on Oversight and Government Reform.
- 2025-01-03: Introduced in House
- 2025-01-03: Introduced in House