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Gold Reserve Transparency Act: Audit and Reporting

This act aims to ensure citizens have a clear understanding of how much gold the U.S. government holds and how it's managed. This will let them know if their national reserves are secure and properly accounted for, which can impact trust in the nation's financial stability.
Key points
First full audit of U.S. gold reserves in over 65 years, followed by audits every 5 years.
Public access to detailed reports on gold status, including location, security, and all transactions from the past 50 years.
Ensuring full access to documents and gold storage facilities for independent auditors.
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Status: Introduced
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Additional Information
Print number: 119_HR_3795
Sponsor: Rep. Massie, Thomas [R-KY-4]
Process start date: 2025-06-06