A bill to stop financial institution crime, require certain officers of companies to certify that they have conducted due diligence relating to criminal conduct or civil fraud, create accountability in deferred prosecution agreements, and for other purposes.

United States115th CongressS-2544Senate
Updated: Mar 14, 2018

Summary

Ending Too Big to Jail Act This bill amends the Emergency Economic Stabilization Act of 2008 to (1) replace the Office of the Special Inspector General for the Troubled Asset Relief Program with the Office of the Special Inspector General for Financial Institution Crime, (2) task the office with investigating crimes within financial institutions and with conducting material-loss reviews when such institutions fail, and (3) otherwise revise provisions related to crime and fraud in financial institutions.

Bill texts

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Introduced (Senate)View official text

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Timeline

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

  2. Introduced in Senate

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