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Federal Reserve Transparency Act of 2025

Bill Number
H.R. 24
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Finance and Financial Sector
Status
Introduced
Latest Action
2025-01-03: Referred to the House Committee on Oversight and Government Reform.
Last Updated
2026-01-14T02:56:57Z

Official 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.

Sponsor

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

Cosponsors (46)

Rep. Biggs, Andy [R-AZ-5], Rep. Boebert, Lauren [R-CO-4], Rep. Bost, Mike [R-IL-12], Rep. Brecheen, Josh [R-OK-2], Rep. Burchett, Tim [R-TN-2], Rep. Burlison, Eric [R-MO-7], Rep. Cammack, Kat [R-FL-3], Rep. Cline, Ben [R-VA-6], Rep. Cloud, Michael [R-TX-27], Rep. Collins, Mike [R-GA-10], Rep. Crane, Elijah [R-AZ-2], Rep. Crawford, Eric A. "Rick" [R-AR-1], Rep. Davidson, Warren [R-OH-8], Rep. Estes, Ron [R-KS-4], Rep. Finstad, Brad [R-MN-1], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Gosar, Paul A. [R-AZ-9], Rep. Greene, Marjorie Taylor [R-GA-14], Rep. Griffith, H. Morgan [R-VA-9], Rep. Hageman, Harriet M. [R-WY-At Large], Rep. Luna, Anna Paulina [R-FL-13], Rep. Mace, Nancy [R-SC-1], Rep. McClintock, Tom [R-CA-5], Rep. McCormick, Richard [R-GA-7], Rep. Miller, Mary E. [R-IL-15], Rep. Moolenaar, John R. [R-MI-2], Rep. Moore, Barry [R-AL-1], Rep. Norman, Ralph [R-SC-5], Rep. Ogles, Andrew [R-TN-5], Rep. Palmer, Gary J. [R-AL-6], Rep. Perry, Scott [R-PA-10], Rep. Roy, Chip [R-TX-21], Rep. Rutherford, John H. [R-FL-5], Rep. Spartz, Victoria [R-IN-5], Rep. Steube, W. Gregory [R-FL-17], Rep. Tenney, Claudia [R-NY-24], Rep. Weber, Randy K. Sr. [R-TX-14], Rep. Webster, Daniel [R-FL-11], Rep. Bilirakis, Gus M. [R-FL-12], Rep. Green, Mark E. [R-TN-7], Rep. Guthrie, Brett [R-KY-2], Rep. Harris, Andy [R-MD-1], Rep. Wied, Tony [R-WI-8], Rep. Hamadeh, Abraham [R-AZ-8], Rep. Rulli, Michael A. [R-OH-6], Rep. Biggs, Sheri [R-SC-3]

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