Members of Congress propose the Gold Reserve Transparency Act of 2025, calling for an audit of the gold reserves

ChainCatcher news, according to Cointelegraph, on June 6, Congressman Thomas Massie led a group including Troy Nehls, Addison McDowell, and Warren Davidson to introduce the Gold Reserve Transparency Act (H.R. 3795), which calls for a comprehensive audit of the U.S. gold reserves.

The bill will require a thorough assay, inventory, and audit of all U.S. gold holdings, and will make public all transactions involving U.S. gold over the past 50 years, including purchases, sales, loans, pledges, leases, swaps, and other collateral activities.