Americans would finally know the actual status of the federal government’s gold reserves under new legislation filed in Congress.
Congressman Thomas Massie, a conservative Kentucky Republican, introduced H.R. 3795, the Gold Reserve Transparency Act of 2025.
The bill, if passed requires “ 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 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,” read a statement from Massie’s office.
“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,” Massie’s officed added.
Rep. Massie’s legislation is cosponsored by Rep. Warren Davidson (R-OH), Rep. Addison McDowell (R-NC), and Rep. Troy Nehls (R-TX).
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Yeah, whatever happened to auditing Ft. Knox, President Trump and DOGE? How many months ago did you say it would be done?