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119-s-2545119th CongressWALLET

NCUA Central Liquidity Facility Enhancements Act

Sponsored By: Senator Padilla, Alex [D-CA]

Introduced

Summary

Board discretion to designate Agent members of the Central Liquidity Facility. This bill would let the National Credit Union Administration Board decide which credit unions may serve as Agent members of the Central Liquidity Facility rather than automatically including all eligible credit unions.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

NCUA Board may limit agent credit unions

This bill would let the NCUA Board decide which credit unions can be Agent members of the Central Liquidity Facility. If enacted, this could change which credit unions get direct access to emergency liquidity. The change would take effect upon enactment.

Sponsors & CoSponsors

Sponsor

Padilla, Alex [D-CA]

CA • D

Cosponsors

  • Sen. Cramer, Kevin [R-ND]

    ND • R

    Sponsored 7/30/2025

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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