HR. 3390In Committee

Bringing the Discount Window into the 21st Century Act

Requires the Federal Reserve Board to review and fix weaknesses in the discount window lending program, including technology, operating hours, and coordination with other liquidity providers

What this bill does

Requires the Federal Reserve Board to review and fix weaknesses in the discount window lending program, including technology, operating hours, and coordination with other liquidity providers

Key points
  • Require discount window review
  • Require remediation plan
  • Require annual reports to Congress

Where it stands

Status
In Committee
Latest action
2026-02-11Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Topics and policy areas

undefinedBanking and financial institutions regulationCongressional oversightCredit and credit marketsFederal Reserve SystemFinance and Financial SectorGovernment lending and loan guaranteesGovernment studies and investigations