S. 2327: Federal Reserve Transparency Act of 2025
A Senate bill (S.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | Senate bill (S.) |
| Originating chamber | Senate |
| Introduced | 2025-07-17 |
| Sponsor | Sen. Paul, Rand [R-KY] |
| Policy area | Finance and Financial Sector |
| Cosponsors | 6 |
| Latest action | 2025-12-11 — Committee on Homeland Security and Governmental Affairs. Hearings held. |
| Last updated | 2026-04-06 |
Summary
Official summary (Introduced in Senate, 2025-07-17):
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.
Cosponsors (6)
| Name | Party / state |
|---|---|
| Rick Scott | R FL (original cosponsor) 2025-07-17 |
| Marsha Blackburn | R TN (original cosponsor) 2025-07-17 |
| James E. Risch | R ID (original cosponsor) 2025-07-17 |
| Ted Cruz | R TX (original cosponsor) 2025-07-17 |
| Todd Young | R IN (original cosponsor) 2025-07-17 |
| John Barrasso | R WY (original cosponsor) 2025-07-17 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 2327 are published by Congress on congress.gov.
View S. 2327 on congress.gov →
Frequently asked questions
What is S. 2327?
S. 2327 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: Federal Reserve Transparency Act of 2025.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for S. 2327 are available on congress.gov.
Bill data: congress.gov API (official congressional records).