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CIVIC HERALD
HR 24 · 119th Congress · HouseIn committee

Federal Reserve Transparency Act of 2025

In plain language: Federal Reserve Transparency Act of 2025 This bill directs the Government Accountability Office (GAO) to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks. 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.

Provisional: our plain-language summary, pending review.

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Timeline

How it moved.

  1. Jan 3, 2025Referred to the House Committee on Oversight and Government Reform.
  2. Jan 3, 2025Introduced in House
  3. Jan 3, 2025Introduced in House

Sources & provenance

Congress.govrefreshed 23 days ago

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