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S. 2327 Senate Finance and Financial Sector

Federal Reserve Transparency Act of 2025

Introduced
Jul 17, 2025
Sponsor
Sen. Paul, Rand (R-KY)
View on Congress.gov

STAGE 2 OF 8 — COMMITTEE CONSIDERATION

Currently in the Senate. Last action: committee on homeland security and governmental affairs. hearings held on Dec 11, 2025.

  1. Senate Introduced in Senate Jul 17, 2025
  2. Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Jul 17, 2025
  3. Senate Committee on Homeland Security and Governmental Affairs. Hearings held. Dec 11, 2025

Cosponsors

6

Subjects

Accounting and auditingBank accounts, deposits, capitalCongressional oversightFederal Reserve SystemGovernment studies and investigations

Committees

  • Homeland Security and Governmental Affairs Committee
    • [Hearings By (full committee), Dec 11, 2025]
  • Banking, Housing, and Urban Affairs Committee
    • [Referred To, Jul 17, 2025]

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. 

[Summary as of: Introduced in Senate]

Bill Text

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Related Bills

  • Federal Reserve Transparency Act of 2025 (Related bill)

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