H.R. 24 · 119th Congress
Federal Reserve Transparency Act of 2025
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46 cosponsors · 46 R
38 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill directs the Government Accountability Office (GAO) to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks.
What it does: CRS summary · Introduced in House · Jan 3, 2025
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Federal Reserve Transparency Act of 2025
Latest action (Jan 3, 2025): Referred to the House Committee on Oversight and Government Reform.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 3, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.