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S. 821 116th Congress Senate

Freedom Financing Act

Official title: A bill to amend the Federal Reserve Act to prohibit certain member banks from using discount window lending programs, and for other purposes.

Introduced: March 14, 2019 Introduced by: Kevin Cramer Republican · North Dakota See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalBanking and financial institutions regulationCivil actions and liabilityConsumer credit
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Credit and credit marketsFederal Reserve SystemFirearms and explosivesInterest, dividends, interest ratesLicensing and registrationsMonetary policyRetail and wholesale trades
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 14, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 14, 2019
Introduced in Senate
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 Latest action March 14, 2019

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

 Plain-English summary Congressional Research Service

Freedom Financing Act

This bill restricts certain banks, credit unions, and payment card networks from refusing to do business with a person based on reputational considerations.

 Related & companion bills 1
  • HR 2079 Identical bill Freedom Financing Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
Blackburn, Marsha
Tennessee · May 14, 2019
 R
Kennedy, John
Louisiana · Mar 14, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 821: Freedom Financing Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-821/
MLA
"S. 821: Freedom Financing Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-821/.
Bluebook (legal)
S. 821, 116th Cong. (2026), https://openamerica.io/bill/116-S-821/.
Markdown link
[S. 821: Freedom Financing Act](https://openamerica.io/bill/116-S-821/)
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