Homeland Security and Governmental Affairs Committee
- Hearings By (full committee)
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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Status detail: The most advanced recorded stage is committee consideration.
Plain-language overview
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.
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Official CRS policy area
Finance and Financial Sector
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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.
Newest action first. Action language comes from the official Congress.gov record.
Committee on Homeland Security and Governmental Affairs. Hearings held.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Recorded House and Senate votes connected to this bill. Your representatives appear first when available.
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