Bringing the Discount Window into the 21st Century Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8288 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8288 To require the Board of Governors of the Federal Reserve System to carry out a review of discount window operations, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 8, 2024 Mr. Barr introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To require the Board of Governors of the Federal Reserve System to carry out a review of discount window operations, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Bringing the Discount Window into the 21st Century Act''. SEC. 2. REVIEW OF DISCOUNT WINDOW OPERATIONS. Section 10 of the Federal Reserve Act (12 U.S.C. 241 et seq.) is amended-- (1) by redesignating paragraph (12) as paragraph (11); and (2) by adding at the end the following: ``(12) Revie…