II 116th CONGRESS 1st Session S. 1845 IN THE SENATE OF THE UNITED STATES June 13, 2019 Mr. Merkley (for himself, Mr. Booker , and Mrs. Gillibrand ) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions A BILL To enable borrowers of Federal student loans to refinance those loans at interest rates that are equivalent to the interest rates at which the Federal Government provides loans to banks through the discount window operated by the Federal Reserve System.