Bringing the Discount Window into the 21st Century Act
- Last Action
- 2/11/2026
Actions
- 2026-02-11Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2026-02-09Motion to reconsider laid on the table Agreed to without objection.
- 2026-02-09On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
- 2026-02-09Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
- 2026-02-09DEBATE - The House proceeded with forty minutes of debate on H.R. 3390.
- 2026-02-09Considered under suspension of the rules. (consideration: CR H2076-2078; text: CR H2076-2077)
- 2026-02-09Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
- 2025-09-04Placed on the Union Calendar, Calendar No. 191.
- 2025-09-04Reported (Amended) by the Committee on Financial Services. H. Rept. 119-234.
- 2025-09-04Reported (Amended) by the Committee on Financial Services. H. Rept. 119-234.
- 2025-07-23Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 1.
- 2025-07-23Committee Consideration and Mark-up Session Held
- 2025-07-22Committee Consideration and Mark-up Session Held
- 2025-05-14Referred to the House Committee on Financial Services.
- 2025-05-14Introduced in House
Showing 15 of 16 actions. Full history on Congress.gov.
CRS Summary
As of 2025-05-14 (00)
Bringing the Discount Window into the 21st Century Act
This bill requires the Board of Governors of the Federal Reserve System to review and develop a remediation plan for its discount window lending program, which provides loans to depository institutions to support an institution’s security and liquidity.
The review must consider topics such as the sufficiency of the technology infrastructure, the effectiveness of the existing operating hours of the discount window, and how the discount window interacts with other liquidity providers during normal operations and in times of financial distress.
The remediation plan must address any identified deficiencies, establish timelines and milestones for implementation, and be approved by the board.
The bill requires annual reports to Congress regarding the plan.
Cosponsors (2)
- Daniel Meuser (R-PA)
- Frank Lucas (R-OK)
Subjects
- Banking and financial institutions regulation
- Congressional oversight
- Credit and credit markets
- Federal Reserve System
- Government lending and loan guarantees
- Government studies and investigations
- Monetary policy
Sourced from Congress.gov (public domain).
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