Gold Reserve Transparency Act of 2025

Sponsor: Thomas Massie (Republican-KY)June 6, 2025

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the House Committee on Financial Services.

Requires a full, public audit of the nation's gold reserves for the first time in over 65 years.

This bill would make sure the U.S. government's gold is fully checked by an independent auditor for the first time in over 65 years. The audit would count and inspect all gold, including what's held by others, and the public would see the detailed results every five years. This would bring transparency to the nation's gold holdings.

What Would Change

Today, there hasn't been a full, independent audit of U.S. gold reserves in over 65 years, and no regular audits are required by law. If this bill passes, an independent auditor would conduct a complete check of all U.S. gold, including its history and security, within nine months, and then every five years, with all findings made public.

Key Provisions

Requires an independent auditor to fully check all U.S. gold reserves, including those in 'deep storage,' within nine months and every five years after that.
Demands an analysis of how well the gold reserves are physically protected.
Requires a full accounting of all deals, like leases or swaps, involving U.S. gold over the last 50 years.
Mandates a full report on all gold sales or purchases from the last 50 years, including the specific terms and parties involved.
Requires a count of all gold the U.S. government has an interest in, even if held by international banks or other third parties.
Makes the complete audit reports and all supporting documents available to the public online, with very few exceptions for physical security details.

View on Congress.gov

HR 3795 · 119th Congress · June 6, 2025 · AI Summary by gemini-2.5-flash · 8/10

Gold Reserve Transparency Act of 2025

What Would Change

Key Provisions

Lobbying Activity