Federal Reserve Transparency Act of 2025
Introduced Jul 17, 2025 by Sen. Rand Paul
It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.
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.
Summary by the Congressional Research Service.
No floor votes yet — it hasn't reached the floor of either chamber.