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 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 <p><strong>Shutdown Guidance for Financial Institutions Act </strong></p><p>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.</p><p>Specifically, financial regulators must issue guidance encouraging financial institutions to</p><ul><li>work with consumers and businesses affected by a shutdown,</li><li>recognize that consumers and businesses affected by a shutdown may lose access to credit and face temporary hardship in making payments on debts,</li><li>consider efforts to modify terms on existing loans or extend new credit to assist consumers and businesses affected by a shutdown, and</li><li>take steps to prevent adverse credit information from being reported in a manner that harms consumers affected by a shutdown.</li></ul><p>In addition, financial regulators must jointly issue a press release to notify financial institutions, consumers, and businesses&nbsp;of this guidance in the event of a government shutdown.</p><p>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.&nbsp;</p>

Display Title 45 2025-10-23T02:53:16Z Short Title(s) as Introduced 101 2025-10-23T02:53:15Z Introduced in Senate IS Official Title as Introduced 6 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.