Contact Congress about S. 2327: Federal Reserve Transparency Act of 2025

The bill would require a full audit of the Federal Reserve and its regional banks. It removes current limits on what the Government Accountability Office can review. The audit report would go to Congress on a set timeline.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Federal Reserve Transparency Act of 2025 is a Senate bill in committee. The latest recorded action: Committee on Homeland Security and Governmental Affairs. Hearings held.

Latest action on S. 2327: Committee on Homeland Security and Governmental Affairs. Hearings held.

Who this affects: This bill mainly affects the Federal Reserve, Congress, and anyone watching how the central bank uses its power. Federal Reserve officials and regional banks would face a broader outside review. Members of Congress would get a detailed report and could use it when deciding whether to change the law. Banks, financial firms, and the public could also be affected if the audit changes how much information comes out about Fed programs.

Why this matters: This matters because the Federal Reserve has major power over interest rates, lending, and crisis response, but current law limits how much of that work the Government Accountability Office can audit. This bill would open more of that work to outside review by Congress's audit office. That could give lawmakers a clearer picture of how the Fed uses its powers. The bill does not say whether that would change Fed decisions or market behavior, because that would depend on what the audit finds and how Congress responds.

Key provisions in S. 2327

• The Comptroller General, who heads the Government Accountability Office, would have to audit the Federal Reserve Board and all Federal Reserve banks under the federal audit law in 31 U.S.C. 714(b).
• The audit would have to be finished no later than 12 months after the bill becomes law.
• The Government Accountability Office would have to send Congress a written audit report within 90 days after the audit is finished.
• The report would have to go to House and Senate leaders, the leaders of the relevant committees and subcommittees, and any member of Congress who asks for it.
• The report would have to include detailed findings, conclusions, and any recommendations for changes in law or in how agencies carry out the law.

How Modern Action helps you take action on S. 2327

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about S. 2327

What is S. 2327?

The bill would require a full audit of the Federal Reserve and its regional banks. It removes current limits on what the Government Accountability Office can review. The audit report would go to Congress on a set timeline.

How do I support or oppose S. 2327?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about S. 2327?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

Can Modern Action explain S. 2327 before I act?

Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.