Gold Reserve Transparency Act of 2025

This bill would require the Government Accountability Office (GAO) to hire an independent outside auditor to test, count, and audit all U.S. gold reserves within 9 months and then every 5 years. The audit would also review security at storage sites and account for any leases, swaps, sales, and purchases of the gold over the past 50 years, as well as gold held for the U.S. by third parties. The GAO would send a report to Congress and the Treasury and post it online with its source materials, with redactions allowed only for physical security details. The Treasury would have 5 years to upgrade the gold reserves to meet current market weight and purity standards, using U.S.-based refiners and logistics firms.

Full text and official record on Congress.gov

Sponsors

• Mike Lee Republican sponsor
• 1 cosponsors