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Bringing the Discount Window into the 21st Century Act
2/13/2026, 4:43 AM
Summary of Bill HR 3390
Congressional Summary of HR 3390
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.
Read the Full Bill
Current Status of Bill HR 3390
Bipartisan Support of Bill HR 3390
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 3390
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill HR 3390
Comments
Nori Strauss
20 days ago
I don't understand why this bill is necessary. Why fix something that isn't broken? This bill is supposed to update the discount window, but I don't see how this will benefit anyone. It just seems like a waste of time and resources. Overall, I think there are more important issues that need to be addressed in our country.
Khloe Hughes
20 days ago
I dunno much about this bill, but it sounds like a hot mess. Can't trust politicians to bring anything into the 21st century, that's for sure. #politics #HR3390
