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HR. 24 · 119th Congress

Federal Reserve Transparency Act of 2025

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Bill details

Introduced: 1/3/2025
Status: Referred to the House Committee on Oversight and Government Reform.
Bill ID: 119hr24
Latest action: Referred to the House Committee on Oversight and Government Reform.

Summary

Introduced in House

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.

Source: BILLSUM · Summary date: 1/3/2025

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Summary source label: BILLSUM
Congress.gov bill →GovInfo bill text (BILLS) →GovInfo summaries (BILLSUM) →OurCongress methodology →
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About this data

Non-partisan by design
OurCongress provides plain-English context without endorsements, political interpretation, or advocacy.
Official sources
Data is sourced from official government records (e.g., Congress.gov, GovInfo, Clerk of the House, and the U.S. Senate).
AI-generated text
Some sections may be AI-generated from official summaries/metadata to help readability. AI output can be imperfect—verify with primary sources.
Last updated: 1/3/2025Source: BILLSUMBill: 119hr24Learn more →