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HR 24 117th Congress House Finance and Financial Sector Accounting and auditing Bank accounts, deposits, capital Congressional oversight Federal Reserve System Government studies and investigations

Federal Reserve Transparency Act of 2021

Introduced: January 4, 2021 Introduced by: Massie, Thomas Republican · Kentucky See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 4, 2021
Referred to the House Committee on Oversight and Reform.
Jan 4, 2021
Introduced in House
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 Plain-English summary Congressional Research Service

Federal Reserve Transparency Act of 2021

This bill establishes requirements regarding audits of certain financial agencies performed by the Government Accountability Office (GAO).

Specifically, the bill directs the 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.

What's happening now January 4, 2021

Referred to the House Committee on Oversight and Reform.

 Related & companion bills 1
  • S 573 Related bill Federal Reserve Transparency Act of 2021
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 54
All 54 Republican 40
Bishop, Dan
· May 27, 2022
 R
Dunn, Neal P.
Florida · May 27, 2022
Hartzler, Vicky
· May 27, 2022
Hice, Jody
· May 27, 2022
 R
Miller, Mary E.
Illinois · May 27, 2022
 R
Walberg, Tim
Michigan · May 6, 2022
 R
Rutherford, John H.
Florida · Mar 9, 2022
Katko, John
· Jun 22, 2021
Fortenberry, Jeff
· May 28, 2021
 R
Cammack, Kat
Florida · May 17, 2021
 R
Turner, Michael R.
Ohio · Mar 16, 2021
 R
Cloud, Michael
Texas · Feb 5, 2021
 R
Babin, Brian
Texas · Feb 3, 2021
 R
Estes, Ron
Kansas · Feb 3, 2021
 R
Weber, Randy K. Sr.
Texas · Feb 3, 2021
 R
Emmer, Tom
Minnesota · Jan 13, 2021
 R
Kelly, Mike
Pennsylvania · Jan 13, 2021
 R
Schweikert, David
Arizona · Jan 13, 2021
Burgess, Michael
· Jan 6, 2021
 R
Allen, Rick W.
Georgia · Jan 4, 2021
 R
Bacon, Don
Nebraska · Jan 4, 2021
 R
Biggs, Andy
Arizona · Jan 4, 2021
 R
Boebert, Lauren
Colorado · Jan 4, 2021
Brooks, Mo
· Jan 4, 2021
Buck, Ken
· Jan 4, 2021
 R
Burchett, Tim
Tennessee · Jan 4, 2021
 R
Calvert, Ken
California · Jan 4, 2021
 R
Carter, Earl L. "Buddy"
Georgia · Jan 4, 2021
CHABOT, STEVE
· Jan 4, 2021
 R
Cline, Ben
Virginia · Jan 4, 2021
 R
Crawford, Eric A. "Rick"
Arkansas · Jan 4, 2021
 R
Davidson, Warren
Ohio · Jan 4, 2021
 R
DesJarlais, Scott
Tennessee · Jan 4, 2021
 R
Fitzpatrick, Brian K.
Pennsylvania · Jan 4, 2021
Gohmert, Louie
· Jan 4, 2021
 R
Gosar, Paul A.
Arizona · Jan 4, 2021
 R
Griffith, H. Morgan
Virginia · Jan 4, 2021
 R
Grothman, Glenn
Wisconsin · Jan 4, 2021
 R
Guthrie, Brett
Kentucky · Jan 4, 2021
Herrell, Yvette
· Jan 4, 2021
Herrera Beutler, Jaime
· Jan 4, 2021
 R
Jordan, Jim
Ohio · Jan 4, 2021
 R
Mast, Brian J.
Florida · Jan 4, 2021
 R
McClintock, Tom
California · Jan 4, 2021
 R
Norman, Ralph
South Carolina · Jan 4, 2021
 R
Palmer, Gary J.
Alabama · Jan 4, 2021
 R
Perry, Scott
Pennsylvania · Jan 4, 2021
 R
Smith, Adrian
Nebraska · Jan 4, 2021
Taylor, Van
· Jan 4, 2021
 R
Timmons, William R.
South Carolina · Jan 4, 2021
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Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 24: Federal Reserve Transparency Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-24/
MLA
"H.R. 24: Federal Reserve Transparency Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-24/.
Bluebook (legal)
H.R. 24, 117th Cong. (2026), https://openamerica.io/bill/117-HR-24/.
Markdown link
[H.R. 24: Federal Reserve Transparency Act of 2021](https://openamerica.io/bill/117-HR-24/)
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