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HR 24 · in committee · significant

Federal Reserve Transparency Act of 2025

What this bill does

  • The bill requires the Government Accountability Office to audit the Federal Reserve within 12 months.
  • The audit covers the Federal Reserve Board, regional Federal Reserve banks, and their officials and employees.
  • The GAO gains authority to review monetary policy decisions, international transactions, and internal communications.

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Community Threads

Started by Cosponsor

  1. 01

    How might expanding GAO audit authority over Federal Reserve monetary policy decisions affect the Fed's independence in setting interest rates and managing inflation?

  2. 02

    What specific risks or benefits could arise from requiring disclosure of the Federal Reserve's internal communications and international financial transactions?

  3. 03

    How would a 12-month audit timeline affect the Federal Reserve's ability to respond to economic crises compared to the current audit structure?

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Sponsor · R-KY-4

Thomas Massie

Citizen cosponsors

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In Congress

46/ 435

House Reps cosponsoring

Introduced 2025-01-03

Joining the bill

+ 34 more

Legislative timeline

  1. 2025-01-03 · house · IntroReferral

    Referred to the House Committee on Oversight and Government Reform.

  2. 2025-01-03 · IntroReferral

    Introduced in House

  3. 2025-01-03 · IntroReferral

    Introduced in House

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