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HR 24 118th 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 2023

Introduced: January 9, 2023 Introduced by: Massie, Thomas Republican · Kentucky See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 9, 2023
Referred to the House Committee on Oversight and Accountability.
Jan 9, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Federal Reserve Transparency Act of 2023

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 9, 2023

Referred to the House Committee on Oversight and Accountability.

 Related & companion bills 1
  • S 3566 Related bill Federal Reserve Transparency Act of 2024
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 67
All 67 Republican 57
R
Franklin, Scott
Florida · Jun 14, 2024
 R
Crane, Elijah
Arizona · Jan 17, 2024
 R
Van Drew, Jefferson
New Jersey · Jan 17, 2024
 R
DesJarlais, Scott
Tennessee · Aug 8, 2023
 R
Brecheen, Josh
Oklahoma · Jul 10, 2023
 R
Steube, W. Gregory
Florida · Apr 18, 2023
 R
Weber, Randy K. Sr.
Texas · Apr 13, 2023
 R
Miller-Meeks, Mariannette
Iowa · Mar 24, 2023
 R
Webster, Daniel
Florida · Mar 24, 2023
 R
Ogles, Andrew
Tennessee · Mar 9, 2023
 R
Williams, Roger
Texas · Mar 9, 2023
 R
Dunn, Neal P.
Florida · Feb 27, 2023
 R
Moolenaar, John R.
Michigan · Feb 27, 2023
 R
Roy, Chip
Texas · Feb 24, 2023
 R
Wittman, Robert J.
Virginia · Feb 24, 2023
 R
Allen, Rick W.
Georgia · Feb 17, 2023
 R
Estes, Ron
Kansas · Feb 17, 2023
Santos, George
· Feb 17, 2023
 R
Smith, Adrian
Nebraska · Feb 17, 2023
 R
Amodei, Mark E.
Nevada · Feb 7, 2023
 R
Bost, Mike
Illinois · Feb 7, 2023
Rodgers, Cathy
· Feb 7, 2023
 R
Carter, Earl L. "Buddy"
Georgia · Feb 6, 2023
Lamborn, Doug
· Feb 6, 2023
 R
Palmer, Gary J.
Alabama · Feb 6, 2023
 R
Bilirakis, Gus M.
Florida · Feb 2, 2023
Burgess, Michael
· Feb 2, 2023
 R
Comer, James
Kentucky · Feb 2, 2023
 R
Davidson, Warren
Ohio · Feb 2, 2023
 R
Guthrie, Brett
Kentucky · Feb 2, 2023
 R
Walberg, Tim
Michigan · Feb 2, 2023
 R
McCormick, Richard
Georgia · Jan 31, 2023
 R
Schweikert, David
Arizona · Jan 30, 2023
 R
Tenney, Claudia
New York · Jan 30, 2023
 R
Hageman, Harriet M.
Wyoming · Jan 27, 2023
 R
Luna, Anna Paulina
Florida · Jan 27, 2023
 R
Burchett, Tim
Tennessee · Jan 25, 2023
 R
Collins, Mike
Georgia · Jan 25, 2023
 R
Donalds, Byron
Florida · Jan 25, 2023
 R
Bacon, Don
Nebraska · Jan 24, 2023
 R
Jordan, Jim
Ohio · Jan 24, 2023
 R
Burlison, Eric
Missouri · Jan 20, 2023
 R
Griffith, H. Morgan
Virginia · Jan 11, 2023
 R
Boebert, Lauren
Colorado · Jan 10, 2023
 R
Fallon, Pat
Texas · Jan 10, 2023
 R
Finstad, Brad
Minnesota · Jan 10, 2023
 R
Jackson, Ronny
Texas · Jan 10, 2023
 R
Moore, Barry
Alabama · Jan 10, 2023
 R
Spartz, Victoria
Indiana · Jan 10, 2023
 R
Biggs, Andy
Arizona · Jan 9, 2023
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Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 24: Federal Reserve Transparency Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-24/
MLA
"H.R. 24: Federal Reserve Transparency Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-24/.
Bluebook (legal)
H.R. 24, 118th Cong. (2026), https://openamerica.io/bill/118-HR-24/.
Markdown link
[H.R. 24: Federal Reserve Transparency Act of 2023](https://openamerica.io/bill/118-HR-24/)
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