SENATE 2113119th CongressCommittee on Homeland Security and Governmental Affairs. Hearings held.
End the Fed’s Big Bank Bailout Act
- Last Action
- 12/11/2025
Actions
- 2025-12-11Committee on Homeland Security and Governmental Affairs. Hearings held.
- 2025-06-18Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2025-06-18Introduced in Senate
CRS Summary
As of 2025-06-18 (00)
End the Fed’s Big Bank Bailout Act
This bill prohibits a Federal Reserve bank from paying earnings on balances maintained at a Federal Reserve bank by or on behalf of a depository institution. Currently, such balances may receive earnings at least once each quarter at a rate not to exceed the general level of short-term interest rates.
Cosponsors (1)
- Bernie Sanders (I-VT)
Subjects
- Bank accounts, deposits, capital
- Banking and financial institutions regulation
- Federal Reserve System
- Wages and earnings
Sourced from Congress.gov (public domain).
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