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 what the legislation does, 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.
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.
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Officially: 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.
Use this page to support, oppose, or ask Congress to amend S2327. Modern Action explains what the bill does, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
Sitting in Banking
No vote scheduled. Constituent contact is what moves bills out of committee.
↓ Why your message matters here
This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.
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Where this bill is in the process
Introduced
Introduced in Senate
Senate Committee
Under Senate committee consideration
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (7/17/2025)
Senate Floor Vote
Voted on by Senate
Passed Senate
Approved by Senate
House Review
Sent to House for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can edit and send.
Congressional offices prioritize messages from their own constituents. Modern Action uses your address to route the drafted message to your senators when that is the most relevant target for this bill.
The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you can edit the message before sending.
This page gives you an opportunity to support, oppose, or ask for changes to Federal Reserve Transparency Act of 2025, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it does, where it is in the process (committee), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around S2327, your stance, and the reasons you choose, then lets you edit and send when ready.