S2327Referred 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
2025-07-17
Introduced
6
Cosponsors
S
ⓘ
Type

Sponsor

Rand Paul
Rand Paul
Republican · KY · Senator
Votes with party: 67.1% (846 recorded votes)
Top industries funding sponsor:
  • Conservative Groups$473k

Full profile: /officials/P000603

Source: Congress.gov · FEC

Cosponsors (6)

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

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 →

Committee on Homeland Security and Governmental Affairs. Hearings held.

2025-12-11

Source: Congress.gov

Committee Activity

Currently in

Previously

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.

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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