S. 2327

119th Congress

In Committee

Federal Reserve Transparency Act of 2025

Sponsored byRepublican:Sen. Paul, Rand [R-KY]KY· Introduced 17 July 2025
Open on Congress.gov

6

Cosponsors

3

Actions

0

Amendments

0

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Committee on Homeland Security and Governmental Affairs. Hearings held.

11 December 2025·7 months ago

Summary

Introduced in Senate · Updated 6 April 2026

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. 

Timeline

3 actions

  1. Committee on Homeland Security and Governmental Affairs. Hearings held.

    11 December 2025 · Committee

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    17 July 2025 · IntroReferral

  3. Introduced in Senate

    17 July 2025 · IntroReferral

Sponsorship

6 cosponsors

Sponsor

Republican:Sen. Paul, Rand [R-KY]KY

Cosponsors

  • Republican6100%

Classification

Policy area

Finance and Financial Sector

Legislative subjects

Accounting and auditingBank accounts, deposits, capitalCongressional oversightFederal Reserve SystemGovernment studies and investigations
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