Four US lawmakers propose a Gold Reserve Transparency Act, requiring a comprehensive audit of US gold assets.

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According to reports, on June 6, Congressman Thomas Massie led a proposal with Troy Nehls, Addison McDowell, and Warren Davidson for the Gold Reserve Transparency Act (H.R. 3795), which calls for a comprehensive audit of the U.S. gold reserves. The bill would require a thorough assay, inventory, and audit of all U.S. gold holdings and the public disclosure of all transactions involving U.S. gold over the past 50 years, including purchases, sales, lending, stake, leasing, swaps, and other collateral activities.

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