By Bradley Jaye
Breitbart News, Los Angeles
Wednesday, November 19, 2025
Sen. Mike Lee, R-Utah, is introducing the Gold Reserve Transparency Act to institute the first audit of the United States government’s gold holdings in over half a century.
The bill would open Fort Knox to an audit of everything held by the Federal Reserve, making the results public to the American people -- a proposal made by Trump in February.
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"We're actually going to Fort Knox to see if the gold is there, because maybe somebody stole the gold," Trump said. "Tons of gold."
Lee's bill delivers on Trump's promise by instituting a long-needed audit.
"For over half a century, there has not been a comprehensive audit of America's gold reserves," Lee said. "Americans should know whether their literal national treasure is safe and accurately accounted for. That means passing the Gold Reserve Transparency Act, opening Fort Knox, U.S. Mint Facilities, and the Federal Reserve Bank of New York to an audit, and then making the results public."
Auditing the Fed became a popular battle cry for former congressman and presidential candidate Ron Paul, who was "delighted" to see Lee's bill introduced. ...
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