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H.R. 3390 119th Congress House

Bringing the Discount Window into the 21st Century Act

Official title: To amend the Federal Reserve Act to require the Board of Governors of the Federal Reserve System to carry out a review of discount window operations and to imp… Show full official titleShow less

Official title: To amend the Federal Reserve Act to require the Board of Governors of the Federal Reserve System to carry out a review of discount window operations and to implement improvements to such operations, and for other purposes.

Introduced: May 14, 2025 Introduced by: Monica De La Cruz Republican · Texas See on congress.gov
Finance and Financial Sector Banking and financial institutions regulationCongressional oversightCredit and credit marketsFederal Reserve System
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Government lending and loan guaranteesGovernment studies and investigationsMonetary policy
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 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 11, 2026
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 9, 2026
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Feb 9, 2026
Motion to reconsider laid on the table Agreed to without objection.
Feb 9, 2026
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Feb 9, 2026
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Feb 9, 2026
DEBATE - The House proceeded with forty minutes of debate on H.R. 3390.
Feb 9, 2026
Considered under suspension of the rules. (consideration: CR H2076-2078; text: CR H2076-2077)
Sep 4, 2025
Placed on the Union Calendar, Calendar No. 191.
Sep 4, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-234.
Jul 23, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 1.
Jul 23, 2025
Committee Consideration and Mark-up Session Held
Jul 22, 2025
Committee Consideration and Mark-up Session Held
May 14, 2025
Referred to the House Committee on Financial Services.
May 14, 2025
Introduced in House
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What's happening now February 11, 2026

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

 Plain-English summary Congressional Research Service

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.

 Hearings & markups 1
  • Various Measures
    Markup Jul 22, 2025 · 10:00 AM EDT · Financial Services Committee
 Related & companion bills 1
  • HR 6955 Main Street Capital Access Act
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 20

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

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 Cosponsors 2
All 2 Republican 2
R
Lucas, Frank D.
Oklahoma · May 14, 2025
 R
Meuser, Daniel
Pennsylvania · May 14, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3390: Bringing the Discount Window into the 21st Century Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-3390/
MLA
"H.R. 3390: Bringing the Discount Window into the 21st Century Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-3390/.
Bluebook (legal)
H.R. 3390, 119th Cong. (2026), https://openamerica.io/bill/119-HR-3390/.
Markdown link
[H.R. 3390: Bringing the Discount Window into the 21st Century Act](https://openamerica.io/bill/119-HR-3390/)
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