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S. 2327In committee

Federal Reserve Transparency Act of 2025

Introduced: Jul 17, 2025

Latest action date: Dec 11, 2025

Latest development

Committee on Homeland Security and Governmental Affairs. Hearings held.

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Congress
119th Congress
Introduced
Jul 17, 2025
Recorded roll calls
0

Status detail: The most advanced recorded stage is committee consideration.

Plain-language overview

What this bill does

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. 

Official summary from Congress.gov.

Civixly topics

What this legislation is about

Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.

Official CRS policy area

Finance and Financial Sector

View 5 official legislative subjects
Accounting and auditingBank accounts, deposits, capitalCongressional oversightFederal Reserve SystemGovernment studies and investigations

Committee activity

Committees and subcommittees that received, reviewed, marked up, or reported this legislation.

Amendments

Proposed changes to this measure, with their latest official outcome or action from Congress.gov.

No amendments are listed for this measure.

Checked against Congress.gov Oct 11, 2026.

Action timeline

Newest action first. Action language comes from the official Congress.gov record.

View full action timeline3 actions
  1. Committee on Homeland Security and Governmental Affairs. Hearings held.

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

    IntroReferralSenate
  3. Introduced in Senate

    IntroReferralLibrary of Congress

Roll-call votes

Recorded House and Senate votes connected to this bill. Your representatives appear first when available.

No connected roll-call votes are currently available for this bill.

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Sources: Congress.gov and official House and Senate vote records.

View data freshness details

Base metadata check pending · Civixly summary check pending · Action timeline checked Oct 11, 2026 · Sponsorship checked Oct 10, 2026 · Topics checked Oct 11, 2026 · Committees checked Oct 11, 2026 · Status checked Oct 11, 2026 · Related bills checked Oct 11, 2026.