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United States · Bill · HR

H.R. 24 (118th)

Federal Reserve Transparency Act of 2023

referredUnited States· United States Congress· EN

Introduced

9 January 2023

Last action

9 January 2023 · Introduced

Status

Referred to the House Committee on Oversight and Accountability.

Sponsors

Thomas Massie, Andy Biggs, Dan Bishop, Ken Buck, Rep. Cammack, Kat [R-FL-3], Ben Cline, Rep. Cloud, Michael [R-TX-27], Eric Crawford, Jeff Duncan, Rep. Fitzpatrick, Brian K. [R-PA-1], Matt Gaetz, Bob Good, Paul Gosar, Marjorie Greene, Bill Johnson, Tom McClintock, Mary Miller, Alexander Mooney, Ralph Norman, Scott Perry, Bill Posey, Rep. Rutherford, John H. [R-FL-5], Rep. Finstad, Brad [R-MN-1], Pat Fallon, Barry Moore, Mark Green, Victoria Spartz, Lauren Boebert, Ronny Jackson, H. Griffith, Eric Burlison, Don Bacon, Jim Jordan, Byron Donalds, Tim Burchett, Mike Collins, Harriet Hageman, Anna Paulina Luna, Matthew Rosendale, David Schweikert, Rep. Tenney, Claudia [R-NY-24], Richard McCormick, Rep. Walberg, Tim [R-MI-5], Warren Davidson, James Comer, Rep. Bilirakis, Gus M. [R-FL-12], Brett Guthrie, Michael Burgess

Subjects

Discovery layer

Source updated

14 January 2026

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 9 January 2023

    Introduced

    Referred to the House Committee on Oversight and Accountability.

    Source: IntroReferral

  2. 9 January 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 9 January 2023

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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Sponsors

Showing 48 of 74 sponsors and actors.

Related records

Sources

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