Warner Introduces Legislation to Modernize Federal Reserve Discount Window, Restore Intended Use
July 26, 2024
July 26, 2024
WASHINGTON, July 26 -- Sen. Mark Warner, D-Virginia, issued the following news release:
Sen. Mark R. Warner (D-VA), a member of the Senate Committee on Banking, Housing, and Urban Affairs, introduced the Discount Window Enhancement Act of 2024, legislation to improve the effectiveness of the Federal Reserve Discount Window, a liquidity tool that provides short-term loans to depository institutions, such as commercial and community banks in order to help reduce the fallout of bank fa . . .
Sen. Mark R. Warner (D-VA), a member of the Senate Committee on Banking, Housing, and Urban Affairs, introduced the Discount Window Enhancement Act of 2024, legislation to improve the effectiveness of the Federal Reserve Discount Window, a liquidity tool that provides short-term loans to depository institutions, such as commercial and community banks in order to help reduce the fallout of bank fa . . .