119th Congress · introduced in the Senate · Jul 17, 2025
Federal Reserve Transparency Act of 2025
Official title from Congress.gov
Latest action (Dec 11, 2025): Committee on Homeland Security and Governmental Affairs. Hearings held.
View on Congress.govPolicy area: Finance and Financial Sector
Congressional Research Service summary, version: Introduced in Senate (Jul 17, 2025)
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.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Committee on Homeland Security and Governmental Affairs. Hearings held.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Actions from Congress.gov, newest first.
Accounting and auditing · Bank accounts, deposits, capital · Congressional oversight · Federal Reserve System · Government studies and investigations
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