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S 2327 119th Congress

Federal Reserve Transparency Act of 2025

A bill to require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes.

Official Title as Introduced Congress.gov

Introduced Jul 17, 2025 Latest action Dec 11, 2025 Sponsor: Sen. Paul, Rand [R-KY] Finance and Financial Sector
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Source: Congress.govUpdated 2026-11-04 13:07:44 UTC.

Source-linked procedural record

Bill journey

5 dated records

This is a chronology, not a progress score. Politically.com does not classify stages or infer what comes next. Records sharing a date are grouped because not every source field supplies a time.

Congress.gov Recently refreshed U.S. Senate XML Latest available (refresh delayed)
Introduction 1 One supplied introduction date.
Official actions 3 3 dated action records.
Committees 2 2 undated relationships.
Amendments 0 No record is cached.
Text versions 1 1 dated, 0 without a supplied date.
House roll calls 0 No exact legislation-key match in the House-vote cache.
Senate roll calls 0 No exact document-key match in the Senate-vote cache.
Related measures 1 1 undated relationship.
Linked law 0 No linked law record is cached; this does not predict outcome.

  1. Official action Congress.gov

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

    IntroReferral · Senate

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    Official action Congress.gov

    Introduced in Senate

    IntroReferral · Library of Congress · Code 10000

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    Text version Congress.gov

    Introduced in Senate

    A dated text-version record is available.

    Open text record

  2. Official action Congress.gov

    Committee on Homeland Security and Governmental Affairs. Hearings held.

    Committee · Senate

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View the complete bill journey as an accessible table
Every dated cached record linked to S 2327. Same-date row order does not assert procedural sequence.
Date and timeRecordOfficial detailSource
IntroductionIntroduced Introduced in the Senate. Congress.gov
Official actionRead twice and referred to the Committee on Banking, Housing, and Urban Affairs. No additional detail supplied.IntroReferral · Senate Congress.gov
Official actionIntroduced in Senate No additional detail supplied.IntroReferral · Library of Congress · Code 10000 Congress.gov
Text versionIntroduced in Senate A dated text-version record is available. Congress.gov
Official actionCommittee on Homeland Security and Governmental Affairs. Hearings held. No additional detail supplied.Committee · Senate Congress.gov

House roll calls join only on matching Congress, legislation type, and number. Senate roll calls join only on matching source-supplied document type and number, not question text. Committee and related-measure relationships have no date in their relationship records and therefore are counted above but never placed on the chronology.

Congressional Research Service

CRS summary

Introduced in Senate Jul 17, 2025

Federal Reserve Transparency Act of 2025This 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 documents

Text versions