; and (ii) make a written report to the Corporation and the Congress containing the results of such review and any recommendations for preventing a material loss to the Deposit Insurance Fund in the future when resolving an institution. (B) Testimony to Congress If the inspector general of the Corporation determines, in a review carried out under subparagraph (A) that the Corporation’s resolution of an institution caused a material loss to the Deposit Insurance Fund, but such resolution could have been carried out in a manner to avoid such a material loss, the Chairperson of the Corporation shall testify before the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate to explain why the material loss occurred. . V Review of discount window operations 501. Review of discount window operations Section 10 of the Federal Reserve Act ( 12 U.S.C. 241 et seq. ) is amended— (1) by redesignating paragraph (12) as paragraph (11); and (2) by adding at the end the following: (12) Review of discount window operations (A) In general Not later than 60 days after the date of enactment of this paragraph, the Board of Governors shall commence a review of the discount window lending programs of the Federal reserve banks (the discount window ), and shall complete such review not later than 240 days after the date of enactment of this paragraph. (B) Contents The review required by subparagraph (A) shall include a consideration of— (i) the effectiveness of the discount window in providing liquidity to financial institutions, including in times of financial stress; (ii) whether the technology infrastructure, including means of communications, are sufficient to support the timely provision of liquidity, including in times of financial stress; (iii) the effectiveness of cybersecurity measures; (iv) the effectiveness of communications between Federal reserve banks regarding discount window operations