DeepSyte matches this bill to the issues you care about and shows whether your reps' votes line up — not party, not press releases. Take the 2-minute values quiz to see your alignment.
Sign in and take the values quiz to see how this bill lines up with what you've said.
The Discount Window Enhancement Act of 2024 amends the Federal Reserve Act to require depository institutions (banks and credit unions) to conduct regular testing of their ability to borrow from the Federal Reserve's discount window and to demonstrate operational readiness to do so. The bill mandates that larger institutions (over $100 billion in assets) test quarterly and smaller institutions ($10–100 billion in assets) test semiannually, and requires federal banking regulators to issue implementing regulations within 180 days. The Federal Reserve must also improve discount window operations—including extending access hours to 8 p.m., creating an online platform, and standardizing procedures across all Federal Reserve banks—and conduct a study on reducing stigma associated with discount window borrowing.
Sign in and take the values quiz to get a personalized read on how this bill lines up with your positions.
Sign in to see how your representatives voted on this bill.