# 119-hr-3390: Bringing the Discount Window into the 21st Century Act

119-hr-3390, Bringing the Discount Window into the 21st Century Act, is a 119th Congress bill sponsored by Rep. De La Cruz, Monica [R-TX-15] (R-TX); status passed_house; PRIA reads it as touching household money (as of 2026-10-10).

- Canonical: https://policyrisk.com/legislation/119-hr-3390
- As of: 2026-10-10
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3390
- Congress: 119
- Title: Bringing the Discount Window into the 21st Century Act
- Status: passed_house
- Introduced: 2025-05-14
- Sponsor: Rep. De La Cruz, Monica [R-TX-15] (R-TX)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-10-10

## Summary

**This bill would require the Federal Reserve to** **modernize the discount window** through a time‑bound, systemwide review that targets operations, technology, stigma, and access. It sets deadlines for the review and requires a written remediation plan plus regular reporting to Congress. - Federal Reserve Board and Reserve Banks: The Board would have to start the review within 60 days of enactment and finish within 240 days. The review must cover nine specified topics and produce a remediation plan with actions, timelines, and measures to track progress. - Congress and regulators: The Board must send findings and the remediation plan to Congress within 365 days and consult the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Secretary of the Treasury before finalizing. The Chairman must testify at a semiannual hearing and annual progress reports must come from the Board, the Board's Inspector General, and the Consumer Financial Protection Bureau. - Banks, depositors, and stability: The review would examine operating hours, technology and cybersecurity, interactions with Federal Home Loan Banks, and ways to reduce stigma that can limit access. The aim is faster, more consistent, and more transparent access to liquidity during normal times and financial stress.

## Cosponsors (2)

- Rep. Meuser, Daniel [R-PA-9] (R-PA), 2025-05-14T00:00:00.000Z
- Rep. Lucas, Frank D. [R-OK-3] (R-OK), 2025-05-14T00:00:00.000Z

## Provisions PRIA read

- Review and upgrades to Fed discount window: benefit, high. This bill would require the Federal Reserve to review and upgrade its discount window, the bank emergency loan backstop. The Board would start the review within 60 days of enactment and finish within 240 days. The review would cover how well it provides liquidity, tech and communications (including…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-4393: DIGNIDAD (Dignity) Act of 2025
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026

## Sources
- [119-hr-3390 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3390)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-4393: DIGNIDAD (Dignity) Act of 2025](https://policyrisk.com/legislation/119-hr-4393)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026](https://policyrisk.com/legislation/119-hr-10184)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3390 (as of 2026-10-10).