HR24Referred to Committee

Federal Reserve Transparency Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-01-03
Introduced
46
Cosponsors
HR
ⓘ
Type

Sponsor

Thomas Massie
Thomas Massie
Republican · KY · Representative
Votes with party: 76.2% (568 recorded votes)
Top industries funding sponsor:
  • Conservative Groups$33,748k

Full profile: /officials/M001184

Source: Congress.gov · FEC

Cosponsors (46)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

46 cosponsors on record at Congress.gov. The named list is syncing into Govwatch and will appear here shortly — view on Congress.gov in the meantime.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Oversight and Government Reform.

2025-01-03

Source: Congress.gov

Committee Activity

Currently in

Plain-English 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.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Finance and Financial Sector
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Related legislation

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