HR 5689 · in committee · significant

Shutdown Guidance for Financial Institutions Act

What this bill does

Requires federal banking regulators to issue guidance helping financial institutions support consumers and businesses during government shutdowns.
Affects banks, credit unions, and people who may lose income or credit access when the government shuts down.
Regulators must issue guidance and a press release during shutdowns, then report on effectiveness afterward.

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Community Threads

Started by Cosponsor

01
How should banks balance consumer access to funds during shutdowns against their own operational constraints and regulatory compliance?
02
What specific guidance would most help small businesses and workers maintain cash flow when government services and paychecks pause?
03
How would regulators measure whether shutdown guidance actually protects consumers, and what happens if financial institutions don't follow it?

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

Sponsor · D-VA-10

Suhas Subramanyam

Citizen cosponsors

In Congress

21/ 435

House Reps cosponsoring

Introduced 2025-10-03

Joining the bill

+ 9 more

Legislative timeline

2025-10-03 · house · IntroReferral
Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2025-10-03 · house · IntroReferral
Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2025-10-03 · IntroReferral
Introduced in House
2025-10-03 · IntroReferral
Introduced in House

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