[The Federal Reserve publicly solicits opinions and seeks to reform the operation of the discount window] Golden Finance reported that the Federal Reserve is seeking public opinions on the discount window. The discount window is the oldest tool used by the Federal Reserve to provide liquidity support to deposit-taking institutions. According to a statement from the Federal Reserve on Thursday, the public comments involve the collection of legal documents, the pledge and withdrawal procedures of collateral, the procedures for applying for, receiving and repaying loans, the provision of intraday credit, and the communication methods related to the mechanism. Federal Reserve policymakers and regulators hope that banks will be able to use the discount window more freely and routinely to ensure that they can respond quickly in the event of financial shocks such as deposit runs. Banks have been reluctant to use the Federal Reserve's discount window, fearing that this will be seen as a sign of weak or even desperate liquidity conditions. In addition, many industry insiders also believe that the operation of the discount window is clumsy, backward and cumbersome.