Gold Reserve Transparency Act of 2025
This bill requires the U.S. government to conduct a comprehensive audit of all gold reserves held by federal agencies, including gold stored in deep storage or held by third parties like the International Monetary Fund or foreign central banks. The audit, to be completed within nine months of enactment and repeated every five years, will cover physical inventory, security measures, all transactions (sales, leases, swaps) over the past 50 years, and any gold the government has an interest in through third parties. The Comptroller General must issue a public report detailing all findings, with minimal redactions (only for physical security details), and the Treasury must provide all relevant records without withholding information. This directly affects how the Treasury and Federal Reserve manage and disclose their gold holdings, increasing transparency for Congress and the public.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2025
Committee Review
Floor Vote
President
Introduced Jun 6, 2025
Last action Jun 6, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jun 6, 2025
Committee
Referred to the House Committee on Financial Services.
lower
Jun 6, 2025
Introduced
Introduced in House
lower
1 primary · 4 co-sponsors
Sponsors
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