[Congressional Record Volume 154, Number 148 (Wednesday, September 17, 2008)]
[Senate]
[Page S8954]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mr. BUNNING:
  S. 3510. A bill to prohibit the Board of Governors of the Federal 
Reserve System from making funds available at a discount rate to 
private individuals, partnerships, and corporations; to the Committee 
on Banking, Housing, and Urban Affairs.
  Mr. BUNNING. Mr. President, I ask unanimous consent that the text of 
the bill be printed in the Record.
  There being no objection, the text of the bill was ordered to be 
printed in the Record, as follows:

                                S. 3510

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. REPEAL OF DISCOUNT AUTHORITY FOR PRIVATE FIRMS.

       Section 13 of the Federal Reserve Act (12 U.S.C. 343) is 
     amended by striking the third undesignated paragraph 
     (relating to discounts for individuals, partnerships, and 
     corporations).
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