S 2327
119th Congress
Senate
Finance and Financial Sector
Federal Reserve Transparency Act of 2025
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 11, 2025
Committee on Homeland Security and Governmental Affairs. Hearings held.
Jul 17, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 17, 2025
Introduced in Senate
Plain-English 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.
What's happening now
Committee on Homeland Security and Governmental Affairs. Hearings held.