S 2327 119th Congress Senate 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 2025

Introduced: July 17, 2025 Introduced by: Paul, Rand Republican · Kentucky See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Dec 11, 2025

Committee on Homeland Security and Governmental Affairs. Hearings held.

Jul 17, 2025

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

Jul 17, 2025

Introduced in Senate

Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

Plain-English summary Congressional Research Service

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.

What's happening now December 11, 2025

Committee on Homeland Security and Governmental Affairs. Hearings held.

Related & companion bills 1

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 2

Cosponsors 6

Barrasso, John

Wyoming · Jul 17, 2025

Blackburn, Marsha

Tennessee · Jul 17, 2025

Florida · Jul 17, 2025

Young, Todd

Indiana · Jul 17, 2025

Cite this page click to expand

APA

U.S. Congress. (2026). S. 2327: Federal Reserve Transparency Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-S-2327/

MLA

"S. 2327: Federal Reserve Transparency Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-2327/.

Bluebook (legal)

S. 2327, 119th Cong. (2026), https://openamerica.io/bill/119-S-2327/.

Markdown link

[S. 2327: Federal Reserve Transparency Act of 2025](https://openamerica.io/bill/119-S-2327/)