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Gold Reserve Transparency: Audits and Public Reports for Citizens

This act mandates regular, detailed audits of U.S. gold reserves, including security analysis and all transactions from the past 15 years. This will provide citizens with a clearer picture of how state gold is managed, increasing public trust in government finances and transparency.
Key points
First full audit of U.S. gold in over 65 years, followed by audits every 5 years.
Detailed audit reports will be publicly available online, with no information hidden.
The act ensures full access to all documents and gold storage locations for thorough oversight.
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Additional Information
Print number: 117_HR_3526
Sponsor: Rep. Mooney, Alexander X. [R-WV-2]
Process start date: 2021-05-25