S. 2327 · 119th Congress
Federal Reserve Transparency Act of 2025
- Stage
- In committee
- Sponsor
- Rand Paul
- Introduced
- 2025-07-17
- Latest action
- 2025-12-11 · Committee on Homeland Security and Governmental Affairs. Hearings held.
Summary
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.