De La Cruz's Bringing the Discount Window into the 21st Century Act Passes the House Floor

WASHINGTON – Congresswoman Monica De La Cruz's (TX-15) Bringing the Discount Window into the 21st Century Act passed the House floor. The legislation addresses needed improvements for the Federal Reserve’s discount window operations and technology to better equip the mechanism to serve depository institutions, including community banks. This is De La Cruz's 8th bill passed off the House floor. De La Cruz spoke on the floor to urge her colleagues to support the bill. Watch the full clip here . "By improving efficiencies in the U.S. banking system, we are ensuring homeowners, small businesses, and farmers can access the capital they need. House passage is just the first step toward starting a comprehensive review and implementing improvements for the discount window. Next stop: the Senate!" - Congresswoman Monica De La Cruz ###