Shutdown Guidance for Financial Institutions
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2025-10-03 — Shutdown Guidance for Financial Institutions Act: Shutdown Guidance for Financial Institutions Act (introduced) would require the Fed, CFPB, OCC, FDIC, and NCUA to issue joint guidance during government shutdowns directing banks and credit unions to work with affected customers—e.g., modifying loans, extending credit, and avoiding negative credit reporting—and to publicly announce that guidance when a shutdown begins. (novelty: 2)