Politiparty
Politiparty

119th Congress Finance and Financial Sector

H.R. 24: Federal Reserve Transparency Act of 2025

Introduced

  1. Introduced (completed)Jan 3, 2025
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jan 3, 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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

46

Who scored on this bill

6 points earned
  1. 1Thomas Massie R-KY SponsorReached a cosponsor milestone, introduced2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Thomas Massie

History

  1. Jan 3, 2025Introduced in the House by Thomas Massie.
Show the full action history (2 actions)
  1. Jan 3, 2025Introduced in House
  2. Jan 3, 2025Referred to the House Committee on Oversight and Government Reform.