H.R. 3390: Bringing the Discount Window into the 21st Century Act
A House bill (H.R.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | House bill (H.R.) |
| Originating chamber | House |
| Introduced | 2025-05-14 |
| Sponsor | Rep. De La Cruz, Monica [R-TX-15] |
| Policy area | Finance and Financial Sector |
| Cosponsors | 2 |
| Latest action | 2026-02-11 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Last updated | 2026-07-17 |
Summary
Official summary (Introduced in House, 2025-05-14):
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)
| Name | Party / state |
|---|---|
| Daniel Meuser | R PA (original cosponsor) 2025-05-14 |
| Frank D. Lucas | R OK (original cosponsor) 2025-05-14 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.R. 3390 are published by Congress on congress.gov.
View H.R. 3390 on congress.gov →
Frequently asked questions
What is H.R. 3390?
H.R. 3390 is a House bill (H.R.) introduced in the 119th U.S. Congress, originating in the House. Official title: Bringing the Discount Window into the 21st Century Act.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for H.R. 3390 are available on congress.gov.
Bill data: congress.gov API (official congressional records).