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For Immediate Release
Contact: massie.press@mail.house.gov
Contact #: 202-225-3465

Washington, D.C.- Representative Thomas Massie announces the introduction of H.R. 3795, the Gold Reserve Transparency Act of 2025, legislation requiring the Comptroller General to conduct and publicly release a full audit of gold reserves held by the United States. The Comptroller General's audit will include gold held in "deep storage" locations such as Fort Knox, Kentucky.

"Americans deserve transparency and accountability from the institutions that underpin our currency," said Rep. Thomas Massie. "In February, President Trump said 'We're going to Fort Knox. . .to make sure the gold is there.' The Gold Reserve Transparency Act of 2025 will provide the full disclosure President Trump seeks and the American public deserves."

The Gold Reserve Transparency Act of 2025 further requires the Comptroller General to conduct subsequent audits of the nation's gold reserves every five years. In addition, the Comptroller General is instructed to report on the sufficiency of measures currently in place to ensure the physical safety of the gold reserves, to provide a full accounting of encumbrances against the gold reserves, and to document any sales, purchases, disbursements, or receipts over the past 50 years that have affected the gold reserves.

Rep. Massie's legislation is cosponsored by Rep. Warren Davidson (R-OH), Rep. Addison McDowell (R-NC), and Rep. Troy Nehls (R-TX).

The text of H.R. 3795 is available at this link. 

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