119th Congress
S. 2327
Federal Reserve Transparency Act of 2025
- Introduced
- In committee
- Passed Senate
- Passed House
- To President
- Became law
- Sponsor
- Rand Paul(R-KY)
- Introduced
- Jul 17, 2025
- Policy area
- Finance and Financial Sector
- Committees
- Senate Committee on Banking, Housing, and Urban Affairs; Senate Committee on Homeland Security and Governmental Affairs
- Official text
- Introduced in Senate · Congress.gov page
Cosponsors (6)
Original cosponsors (6)
- James E. Risch (R-ID)
- John Barrasso (R-WY)
- Marsha Blackburn (R-TN)
- Rick Scott (R-FL)
- Ted Cruz (R-TX)
- Todd Young (R-IN)
Summary
Summary by the Congressional Research Service· describes the “Introduced in Senate” version
Federal Reserve Transparency Act of 2025
This bill directs the Government Accountability Office (GAO) to complete an audit of the Federal Reserve Board and Federal Reserve banks not later than 12 months after enactment. 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.
Roll-call votes
No recorded votes on this bill.
Actions
- Dec 11, 2025 · Senate
Committee on Homeland Security and Governmental Affairs. Hearings held. - Jul 17, 2025 · Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. - Jul 17, 2025
Introduced in Senate