HR 24 · 119th Congress · Finance and Financial Sector

Federal Reserve Transparency Act of 2025

Introduced 2025-01-03· Sponsored by Rep. Massie, Thomas [R-KY-4]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Oversight and Government Reform.(2025-01-03)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

20 Republicans
Rep. Biggs, Andy [R-AZ-5]AZ
Rep. Boebert, Lauren [R-CO-4]CO
Rep. Bost, Mike [R-IL-12]IL
Rep. Brecheen, Josh [R-OK-2]OK
Rep. Burchett, Tim [R-TN-2]TN
Rep. Burlison, Eric [R-MO-7]MO
Rep. Cammack, Kat [R-FL-3]FL
Rep. Cline, Ben [R-VA-6]VA
Rep. Cloud, Michael [R-TX-27]TX
Rep. Collins, Mike [R-GA-10]GA
Rep. Crane, Elijah [R-AZ-2]AZ
Rep. Crawford, Eric A. "Rick" [R-AR-1]AR
Rep. Davidson, Warren [R-OH-8]OH
Rep. Estes, Ron [R-KS-4]KS
Rep. Finstad, Brad [R-MN-1]MN
Rep. Fitzpatrick, Brian K. [R-PA-1]PA
Rep. Gosar, Paul A. [R-AZ-9]AZ
Rep. Greene, Marjorie Taylor [R-GA-14]GA
Rep. Griffith, H. Morgan [R-VA-9]VA
Rep. Hageman, Harriet M. [R-WY-At Large]WY