Cosponsor
Sign in

HR 3390 · in committee · significant

Bringing the Discount Window into the 21st Century Act

What this bill does

  • The Federal Reserve must review and modernize its discount window lending program that provides loans to banks.
  • Banks that borrow from the Federal Reserve's discount window are affected by changes to the program.
  • The Federal Reserve must develop a remediation plan with timelines and report annually to Congress on progress.

Generated by claude-haiku-4-5

Community Threads

Started by Cosponsor

  1. 01

    How might modernizing the Federal Reserve's discount window affect the cost and speed of emergency lending to banks during financial crises?

  2. 02

    What specific barriers currently prevent banks from using the discount window, and how should the Fed's remediation plan address them?

  3. 03

    What accountability measures should Congress require as the Fed implements changes to ensure the discount window serves its intended purpose?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-TX-15

Monica De La Cruz

Citizen cosponsors

0

In Congress

2/ 435

House Reps cosponsoring

Introduced 2026-02-11

Joining the bill

Legislative timeline

  1. 2026-02-11 · senate · IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  2. 2026-02-09 · house · Floor

    Motion to reconsider laid on the table Agreed to without objection.

  3. 2026-02-09 · house · Floor

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

  4. 2026-02-09 · Floor

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

  5. 2026-02-09 · house · Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 3390.

  6. 2026-02-09 · house · Floor

    Considered under suspension of the rules. (consideration: CR H2076-2078; text: CR H2076-2077)

  7. 2026-02-09 · house · Floor

    Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.

  8. 2025-09-04 · house · Calendars

    Placed on the Union Calendar, Calendar No. 191.

  9. 2025-09-04 · house · Committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-234.

  10. 2025-09-04 · Committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-234.

  11. 2025-07-23 · house · Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 1.

  12. 2025-07-23 · house · Committee

    Committee Consideration and Mark-up Session Held

  13. 2025-07-22 · house · Committee

    Committee Consideration and Mark-up Session Held

  14. 2025-05-14 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  15. 2025-05-14 · IntroReferral

    Introduced in House

  16. 2025-05-14 · IntroReferral

    Introduced in House

Congress.gov ↗

Citizen comments

Sign in to comment on this bill.

No comments yet — be the first.