119th Congress
H.R. 3390

Requires Federal Reserve review of discount window

The Federal Reserve must review its discount window lending program, write a plan to fix problems, and report to Congress each year.

  • The discount window gives loans to banks to support their security and liquidity
  • The review must check its technology, operating hours, and how it works with other lenders
  • The plan must set timelines and milestones for fixing any problems found
  • The Federal Reserve must report to Congress every year on the plan

Passed the House · Senate's turn

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