S. 2327 · 119th Congress · Senate

Federal Reserve Transparency Act of 2025

Active· Committee on Homeland Security and Governmental Affairs. Hearings held.
Introduced
Jul 17, 25
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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. 

Action Timeline

4
  1. DEC 11, 2025Senate

    Committee on Homeland Security and Governmental Affairs. Hearings held.

  2. DEC 11, 2025Committee

    Committee on Homeland Security and Governmental Affairs. Hearings held.

  3. JUL 17, 2025IntroReferral

    Introduced in Senate

  4. JUL 17, 2025IntroReferral

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

Committees

2

Homeland Security and Governmental Affairs Committee

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Referred: Dec 11, 2025

Active

Banking, Housing, and Urban Affairs Committee

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Referred: Jul 17, 2025

Active