; or (B) with respect to which the period of performance does not expire before January 1, 2023. (2) Federal financial regulator The term Federal financial regulator means the Board of Governors of the Federal Reserve System, the Bureau of Consumer Financial Protection, the Department of Housing and Urban Development, the Department of the Treasury (other than the Internal Revenue Service), the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the National Credit Union Administration, and the Securities and Exchange Commission. IV Promoting Financial Stability and Transparent Markets 401. Temporary halt to rulemakings unrelated to COVID–19 (a) In general Until the end of the 30-day period following the end of the COVID–19 emergency period, the Federal financial regulators— (1) may not adopt or amend any rule, regulation, guidance, or order unless such rule, regulation, guidance, or order is directly related to responding to the COVID–19 emergency; and (2) shall keep open and extend any ongoing public comment period related to a proposed or final rule, unless such rule is related to responding to the COVID–19 emergency. (b) Notice and sunset of emergency actions The Federal financial regulators shall— (1) provide the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate with a notice of any regulatory actions taken during the COVID–19 emergency period, along with an explanation of how such action was necessary and appropriate in response to the COVID–19 emergency