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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.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3795
Sponsor: Rep. Massie, Thomas [R-KY-4]
Process start date: 2025-06-06
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Gold Reserve Transparency Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3795.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-06-06.

What are the main provisions?

Key points include:

  • 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.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Massie, Thomas [R-KY-4].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Economy