Thomas Massie Introduces Bill to Audit America’s Gold Reserves
- On June 6, 2025, Rep. Thomas Massie introduced the Gold Reserve Transparency Act requiring an audit of U.S. gold reserves, including Fort Knox.
- This legislation responds to concerns over lost Treasury records and decades without a full audit since September 1974 at Fort Knox.
- The bill mandates a one-year comprehensive assay and inventory by the comptroller general, covering all gold transactions from the past 50 years.
- Fort Knox contains in excess of 147 million troy ounces of gold, contributing to the United States' total reserves of approximately 261 million ounces, which are valued at nearly $868 billion.
- If enacted, the legislation would enhance transparency and accountability in U.S. gold reserves, addressing national security and public trust concerns.
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Thomas Massie Introduces Bill to Audit America’s Gold Reserves - The Thinking Conservative
Rep. Thomas Massie (R-Ky.) introduced legislation on June 6 to audit gold reserves held by the United States. The post Thomas Massie Introduces Bill to Audit America’s Gold Reserves appeared first on The Thinking Conservative.
Thomas Massie Introduces Bill to Audit America’s Gold Reserves
Rep. Thomas Massie (R-Ky.) introduced legislation on June 6 to audit gold reserves held by the United States. Earlier this year, President Donald Trump and billionaire entrepreneur Elon Musk suggested that the administration would investigate Fort Knox, the Kentucky-based facility that stores U.S. gold reserves. “We’re going to go into Fort Knox to make sure the gold is there,” Trump told reporters aboard Air Force One in February. “You know tha…
Bill to Audit U.S. Gold Reserves Introduced in Congress
In a step toward ensuring transparency and protecting U.S. economic stability, a bill to fully audit U.S. gold reserves has been introduced. ... The post Bill to Audit U.S. Gold Reserves Introduced in Congress appeared first on The New American.
Kentucky Rep Pushes Bill To Audit U.S. Gold Reserves
Representative Thomas Massie (R-KY) has introduced a bill calling for the first comprehensive audit of the United States' gold reserves in over 70 years. Titled "The Gold Reserve Transparency Act of 2025," the bill aims to bring clarity to the leading global gold reserve. "Americans deserve transparency and accountability from the institutions that underpin our currency," Massie said in a statement accompanying the bill's release. The legislatio…
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