Today, Congressman Thomas Massie reintroduced H.R. 24, the Federal Reserve Transparency Act of 2025, also known as “Audit the Fed.” The bill would require the Comptroller General to conduct a full examination of the Board of Governors of the Federal Reserve System and the Federal Reserve Banks.
Massie reintroduced the Federal Reserve Transparency Act of 2025, committing to require a full Comptroller General examination of the Federal Reserve system.
H.R.24 - 118th Congress (2023-2024): Federal Reserve Transparency Act of 2023
The source is the Congress.gov page for H.R.24, the Federal Reserve Transparency Act of 2023, matching Massie's existing commitment to audit the Federal Reserve.
The Federal Reserve Transparency Act of 2015 would require the Comptroller General to conduct a full examination of the Federal Reserve System.
Massie's office described his H.R. 24, the Federal Reserve Transparency Act of 2015, as legislation that would require a full examination of the Federal Reserve System.
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Today, Congressman Thomas Massie reintroduced H.R. 24, the Federal Reserve Transparency Act of 2025, also known as “Audit the Fed.” The bill would require the Comptroller General to conduct a full examination of the Board of Governors of the Federal Reserve System and the Federal Reserve Banks.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Massie continued introducing audit-the-Fed legislation in 2025, showing active effort but not completion.
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Sponsor: Rep. Massie, Thomas [R-KY-4] (Introduced 01/03/2025). Latest Action: House - 01/03/2025 Referred to the House Committee on Oversight and Government Reform. Tracker: Tip | This bill has the status Introduced.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): The 2025 audit-the-Fed bill was introduced and referred, but it was not enacted.
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Sponsor: Rep. Massie, Thomas [R-KY-4] (Introduced 01/09/2023). Latest Action: House - 01/09/2023 Referred to the House Committee on Oversight and Accountability. Tracker: Tip | This bill has the status Introduced.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Massie again introduced audit-the-Fed legislation in 2023, but it remained at introduction stage.
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The House Oversight and Government Reform Committee has announced it will consider Congressman Thomas Massie’s H.R. 24, the Federal Reserve Transparency Act of 2015, also known as “Audit the Fed,” in a markup session on Tuesday, May 17, 2016. A committee markup ... is the important step between introducing a bill and voting on it on the floor of the House.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Massie advanced audit-the-Fed legislation to committee markup, demonstrating concrete legislative effort, but this still fell short of enactment.
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Sponsor: Rep. Broun, Paul C. [R-GA-10] (Introduced 01/03/2013). Latest Action: Senate - 09/18/2014 Received in the Senate. Roll Call Votes: There has been 1 roll call vote. This bill has the status Passed House. Passed/agreed to in House: ... 333 - 92 (Roll no. 504).
Unverified model/legacy excerpt; not proof. AI summary (separate from source): During Massie's first full House term, audit-the-Fed legislation passed the House but stopped after receipt in the Senate; it did not become law.
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Vote Question: On Motion to Suspend the Rules and Pass, as Amended. To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes. Status: Passed. yea: 333; nay: 92. Massie Republican Kentucky KY Yea.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Massie voted for the 2014 House-passed audit-the-Fed bill, demonstrating support and effort, but the roll call only proves House passage, not enactment.
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Sponsor: Rep. Massie, Thomas [R-KY-4] (Introduced 01/06/2015). Committee Reports: H. Rept. 114-692. Latest Action: House - 07/14/2016 Placed on the Union Calendar, Calendar No. 536. This bill has the status Introduced.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Massie sponsored the 2015 audit-the-Fed bill and advanced it to a House committee report and calendar placement, but it remained only introduced and was not enacted.
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To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States... the Comptroller General of the United States shall complete an audit... within 12 months after the date of the enactment of this Act.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): The bill text directly matches the promise to audit the Federal Reserve, but the required audit was contingent on enactment, which did not occur.
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H.R. 24, the Federal Reserve Transparency Act of 2015, was introduced on January 6, 2015, by Representative Thomas Massie (R-KY)... Representative Massie offered a substitute amendment, which was agreed to by voice vote. The Committee ordered the bill reported, as amended, favorably by voice vote.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): The House committee report shows concrete action by Massie and favorable committee reporting, but not final passage or enactment.
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The House Oversight and Government Reform Committee... has announced it will consider Congressman Thomas Massie's H.R. 24, the Federal Reserve Transparency Act of 2015, also known as “Audit the Fed,” in a markup session... The Federal Reserve Transparency Act of 2015 would require the Comptroller General to conduct a full examination of the Federal Reserve System.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Massie's office described committee markup as a step toward a House floor vote and explained that H.R. 24 would require a full Fed examination, showing effort but not delivery.
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Sponsor: Rep. Massie, Thomas [R-KY-4] (Introduced 01/03/2017). Committee Reports: H. Rept. 115-318. Latest Action: House - 09/21/2017 Placed on the Union Calendar, Calendar No. 228. This bill has the status Introduced.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Massie reintroduced audit-the-Fed legislation in 2017 and got a committee report, but the bill did not pass Congress or become law.
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H.R. 24 directs the Government Accountability Office (GAO) to conduct a full audit of the Federal Reserve within a year of enactment. GAO must also provide a report on this audit to Congress ninety days after the audit is complete. On March 28, 2017, the Committee met in open session and ordered reported favorably the bill, H.R. 24, by voice vote.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): The 2017 committee report confirms the bill would have required a full Fed audit and was favorably reported, but this was still short of enactment.
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Sponsor: Rep. Massie, Thomas [R-KY-4] (Introduced 01/03/2019). Latest Action: House - 01/03/2019 Referred to the House Committee on Oversight and Reform. This bill has the status Introduced.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): The 2019 Massie bill was referred to committee and remained introduced, so the promised full audit was not delivered.
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Sponsor: Rep. Massie, Thomas [R-KY-4] (Introduced 01/04/2021). Latest Action: House - 01/04/2021 Referred to the House Committee on Oversight and Reform. This bill has the status Introduced. Specifically, the bill directs the GAO to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Massie again introduced a bill requiring a GAO Fed audit, but it stayed at referral/introduction status.
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Sponsor: Rep. Massie, Thomas [R-KY-4] (Introduced 01/09/2023). Latest Action: House - 01/09/2023 Referred to the House Committee on Oversight and Accountability. This bill has the status Introduced. Specifically, the bill directs the GAO to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): The 2023 reintroduction shows continued effort, but the bill remained introduced and did not enact the audit requirement.
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Sponsor: Rep. Massie, Thomas [R-KY-4] (Introduced 01/03/2025). Latest Action: House - 01/03/2025 Referred to the House Committee on Oversight and Government Reform. This bill has the status Introduced. This bill directs the Government Accountability Office (GAO) to complete, within 12 months, an audit of the Federal Reserve Board and Federal Reserve banks.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): As of the current Congress, Massie's 2025 audit-the-Fed bill is introduced and referred, not enacted, so the promise remains unfulfilled despite continued effort.
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This bill has the status Introduced
Here are the steps for Status of Legislation:
1. Introduced
2. Passed House
3. Passed Senate
4. To President
5. Became Law
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Congress.gov still lists Massie's 119th Congress H.R.24 as introduced rather than passed or enacted, with no last-lookback action showing delivery.
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Bill Version
Introduced in House (IH)
Short Title
Federal Reserve Transparency Act of 2025
Full Title
To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes.
Sponsors
Thomas Massie(KY)
Unverified model/legacy excerpt; not proof. AI summary (separate from source): GovInfo confirms the current Massie bill directly matches the audit-the-Fed commitment, but the official bill version remains only Introduced in House.
Public state: unverifiedAs of unknown · legacy_unverified · . Original AI recommendation (not independently established): never.same_termA for effort
Thomas Massie repeatedly introduced and advanced audit-the-Fed legislation, including committee markup, but the cited bills remained introduced and were not enacted into law. That is a serious legislative effort, but the promised outcome did not occur.
provider codex_cli · model gpt-5.4-mini · confidence 99%
Public state: unverifiedAs of unknown · legacy_unverified · . Original AI recommendation (not independently established): never.unknownA for effort
Massie repeatedly introduced Federal Reserve Transparency Act / Audit the Fed legislation, including H.R. 24 in 2023 and 2025, and earlier versions advanced as far as committee consideration. However, the provided evidence shows the bills were not enacted and the promised outcome, an audit of the Federal Reserve, was not delivered. Because there was a serious legislative attempt without final delivery, this is classified as never with an effort badge.
provider codex_cli · model gpt-5.5 · confidence 96%