Fed Updates Borrowing Data Requests from Needy Banks
Published Date: 3/27/2025
Notice
Summary
The Federal Reserve wants to keep collecting info from banks that borrow money through its Discount Window for three more years, but with some updates. This affects banks using this service and helps the Fed keep track of financial health. They’re asking for your thoughts before making it official, so don’t miss the chance to weigh in!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Discount Window Data Collection Extended
The Federal Reserve proposes to extend the FR 2046 reporting requirement (Selected Balance Sheet Items for Discount Window Borrowers, OMB No. 7100-0289) for three years, with revisions. This affects banks that borrow from the Fed’s Discount Window because they would continue submitting the same balance sheet information to the Board.
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