U.S. lawmakers propose the "Gold Reserve Transparency Act" requiring a full audit of U.S. gold reserves.

It was reported that 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 the disclosure of all transactions involving U.S. gold over the past 50 years, including purchases, sales, lending, staking, leasing, swaps, and other collateral activities.