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Rick Scott Calls for Audit of Federal Reserve

UNITED STATES, JUL 18 – The Federal Reserve Transparency Act would mandate a Government Accountability Office audit within one year, addressing $2.5 billion renovation cost overruns and increasing congressional oversight.

Summary by Florida Politics
Amid ongoing uncertainty about the near-term future of Jay Powell, Chairman of the Federal Reserve, a Florida Senator seeks to crack open the central bank’s books. Teaming up with Rand Paul of Kentucky, Naples Republican Rick Scott is sponsoring the Federal Reserve Transparency Act. The legislation calls for the Comptroller General of the United States to complete an audit of the Board of Governors of the Federal Reserve System and the Federal r…

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Colorado Politics broke the news in Colorado, United States on Friday, July 18, 2025.
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