# 119-s-3218: Gold Reserve Transparency Act of 2025

119-s-3218, Gold Reserve Transparency Act of 2025, is a 119th Congress bill sponsored by Sen. Lee, Mike [R-UT] (R-UT); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-3218
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3218
- Congress: 119
- Title: Gold Reserve Transparency Act of 2025
- Status: introduced
- Introduced: 2025-11-19
- Sponsor: Sen. Lee, Mike [R-UT] (R-UT)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Independent audits and public transparency of U.S. gold reserves.** This bill would require the Comptroller General to hire a qualified, independent auditor to complete a full assay and inventory within nine months and again every five years. It would also require Treasury to upgrade stored gold to current market "good delivery" weight and purity standards within five years and allow Treasury to contract U.S. refiners and secure logistics firms to do the work. - Families and the general public would get searchable audit reports and source materials posted online after each audit. Only narrowly defined physical security details may be redacted and reports must be delivered to Congress within 3 months of audit completion. - Federal agencies, including the Treasury and the Board of Governors of the Federal Reserve System, would have to provide unredacted books, records, and correspondence for the audit on demand. - Depositories and storage facilities would have to give the Comptroller General and contracted auditors full access to reserves and records, backed by subpoena authority. - U.S. refiners and secure logistics firms could see new federal contracts to bring gold holdings up to expected weight and purity standards.

## Cosponsors (1)

- Sen. Paul, Rand [R-KY] (R-KY), 2025-12-02T00:00:00.000Z

## Provisions PRIA read

- Public audits of U.S. gold: benefit, medium. This bill would require the Comptroller General to hire an independent auditor to check all U.S. gold. The first audit would finish within 9 months of enactment and audits would repeat every 5 years. Audits would include assays, inventories, security reviews, and a 50-year accounting of sales, swap…
- Upgrade U.S. gold to market standards: mixed, low. This bill would require the Treasury to upgrade U.S. gold bars to meet marketplace "good delivery" weight and purity standards within 5 years. The Treasury could contract with qualified refiners and secure logistics firms located in the United States to do the refinishing and secure transport. This…

## Related bills

- 119-s-3752: SAVE America Act
- 119-s-5262: Defense of Environment and Property Act of 2026
- 119-s-263: FAIR Act of 2025
- 119-s-3853: End the Vaccine Carveout Act
- 119-s-1954: Biosimilar Red Tape Elimination Act
- 119-s-485: Regulations from the Executive in Need of Scrutiny Act of 2025

## Sources
- [119-s-3218 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3218)

## Related
- [119-s-3752: SAVE America Act](https://policyrisk.com/legislation/119-s-3752)
- [119-s-5262: Defense of Environment and Property Act of 2026](https://policyrisk.com/legislation/119-s-5262)
- [119-s-263: FAIR Act of 2025](https://policyrisk.com/legislation/119-s-263)
- [119-s-3853: End the Vaccine Carveout Act](https://policyrisk.com/legislation/119-s-3853)
- [119-s-1954: Biosimilar Red Tape Elimination Act](https://policyrisk.com/legislation/119-s-1954)
- [119-s-485: Regulations from the Executive in Need of Scrutiny Act of 2025](https://policyrisk.com/legislation/119-s-485)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3218 (as of 2026-04-21).
