1. Short title This Act may be cited as the Freedom Financing Act . 2. Findings Congress finds that— (1) article I of the Constitution of the United States guarantees the people of the United States the right to enact policy reforms through the free and fair election of representatives; and (2) member banks leveraging their power and position to effectively illegalize legal commerce by refusing to do business with certain industries and individuals due to their differing political beliefs from the member bank violates and usurps the people of the United States and the right of their elected representatives to determine public policy. 3. Advances to individual member banks (a) Member banks Section 10B of the Federal Reserve Act ( 12 U.S.C. 347b ) is amended by adding at the end the following: (c) Prohibition on use of discount window lending programs (1) Definition In this subsection, the term traditional underwriting and credit considerations — (A) includes a good-faith determination by a member bank that the member bank lacks sufficient familiarity with a line of business or geographic region to do business with a person in that line of business or geographic region; and (B) does not include reputational risks. (2) Prohibition No member bank with more than $10,000,000,000 in total consolidated assets may use a discount window lending program if the member bank refuses to do business with any person licensed under section 923 of title 18, United States Code, who is in compliance with the law, based on concerns other than traditional underwriting and credit considerations. . (b) Insured depository institutions Section 8(a)(2)(A) of the Federal Deposit Insurance Act ( 12 U.S.C. 1818(a)(2)(A) ) is amended— (1) in clause (ii), by striking or at the end; (2) in clause (iii), by striking the comma at the end and inserting ; or