Last progress June 6, 2025 (6 months ago)
Introduced on June 6, 2025 by Thomas Massie
Referred to the House Committee on Financial Services.
This bill requires a full, independent check of all U.S. gold reserves. The Comptroller General must hire an outside auditor to test the gold, count it, review security, and list any leases, swaps, sales, or other deals involving the gold from the last 50 years. The first review must finish within 9 months, then repeat every 5 years. After each review, a report with all results and the source materials must be posted online within 3 months; only limited details about physical security can be hidden. Auditors get full access to vaults and records, and the Treasury and all federal agencies must hand over all related records without redactions.
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