S2327Referred to Committee
Federal Reserve Transparency Act of 2025
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2025-07-17
Introduced
6
Cosponsors
S
ⓘType
Sponsor
Rand Paul
Republican · KY · Senator
Votes with party: 67.0% (871 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
- Senate Committee on Homeland Security and Governmental AffairsHearings By (full committee) · 2025-12-11
- Senate Committee on Banking, Housing, and Urban AffairsReferred To · 2025-07-17
Previously
- Homeland Security and Governmental Affairs CommitteeHearings By (full committee) · 2025-12-11
- Banking, Housing, and Urban Affairs CommitteeReferred To · 2025-07-17
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
Full bill text is not yet cached locally.
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