HR 24 · 119th CongressIn Committeecongress.gov ↗

Federal Reserve Transparency Act of 2025

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Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill requires the Government Accountability Office to complete an audit of the Federal Reserve Board and Federal Reserve banks within 12 months. The bill also allows the Government Accountability Office to audit the Federal Reserve's international financial transactions, monetary policy decisions, transactions directed by the Federal Open Market Committee, and related discussions among Federal Reserve staff and officials.

Sponsor

Rep. Massie, Thomas [R-KY-4]

R

Introduced

January 3, 2025

Policy Area

Finance and Financial Sector

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