3.0.0
2995
2025-10-24T13:31:47Z
2025-10-24T13:31:47Z
Senate
S
S
2025-10-09
119
https://www.congress.gov/bill/119th-congress/senate-bill/2995
- ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Standing
  - Referred To
2025-10-09T17:39:51Z

- Shutdown Guidance for Financial Institutions Act
119
5689
HR
2025-10-03
Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  - Related bill
CRS
- 2025-10-09
  - ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferral
- 2025-10-09
Introduced in Senate
IntroReferral
10000
9
Library of Congress
- V000128
Sen. Van Hollen, Chris [D-MD]
Chris
Van Hollen
D
MD
N
- A000382
Sen. Alsobrooks, Angela D. [D-MD]
Angela
Alsobrooks
D
MD
2025-10-09
True
- K000384
Sen. Kaine, Tim [D-VA]
Timothy
Kaine
D
VA
M.
2025-10-09
True
- W000805
Sen. Warner, Mark R. [D-VA]
Mark
Warner
D
VA
R.
2025-10-09
True
- G000555
Sen. Gillibrand, Kirsten E. [D-NY]
Kirsten
Gillibrand
D
NY
E.
2025-10-09
True
- B001288
Sen. Booker, Cory A. [D-NJ]
Cory
Booker
D
NJ
2025-10-09
True
- M001176
Sen. Merkley, Jeff [D-OR]
Jeff
Merkley
D
OR
2025-10-09
True
Finance and Financial Sector
Finance and Financial Sector
2025-10-24T12:41:02Z
00
2025-10-09
Introduced in Senate
2025-10-24T13:30:03Z
Shutdown Guidance for Financial Institutions Act
This bill directs financial regulators—including the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration—to jointly issue guidance relating to a government shutdown.
Specifically, financial regulators must issue guidance encouraging financial institutions to
- work with consumers and businesses affected by a shutdown,
- recognize that consumers and businesses affected by a shutdown may lose access to credit and face temporary hardship in making payments on debts,
- consider efforts to modify terms on existing loans or extend new credit to assist consumers and businesses affected by a shutdown, and
- take steps to prevent adverse credit information from being reported in a manner that harms consumers affected by a shutdown.
In addition, financial regulators must jointly issue a press release to notify financial institutions, consumers, and businesses of this guidance in the event of a government shutdown.
Financial regulators must also complete a report after a government shutdown regarding the guidance's effectiveness and update the guidance if any shortcoming are identified in the report.

Shutdown Guidance for Financial Institutions Act
- Display Title
45

Shutdown Guidance for Financial Institutions Act
2025-10-23T02:53:16Z
- Short Title(s) as Introduced
101

Shutdown Guidance for Financial Institutions Act
2025-10-23T02:53:15Z
Introduced in Senate
IS
- Official Title as Introduced
6

A bill to require the Federal financial regulators to issue guidance encouraging financial institutions to work with consumers and businesses affected by a Federal Government shutdown, and for other purposes.
2025-10-23T02:48:26Z
Introduced in Senate
IS
- Introduced in Senate
2025-10-09T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119s2995is/xml/BILLS-119s2995is.xml
2025-10-09
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
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