A bill to break up large financial entities.
USA115th CongressS-3542| Senate
| Updated: 10/3/2018
Bernard Sanders
Independent Senator
Vermont
Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill (1) directs the Federal Reserve Board to break up any financial institution with a total exposure equal to or greater than 3% of the annual gross domestic product of the United States, and (2) otherwise limits the activities of such financial institutions.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Bank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightCorporate finance and managementCredit and credit marketsEconomic performance and conditionsFederal Reserve SystemFinancial services and investmentsGovernment information and archivesSecurities
A bill to break up large financial entities.
USA115th CongressS-3542| Senate
| Updated: 10/3/2018
This bill (1) directs the Federal Reserve Board to break up any financial institution with a total exposure equal to or greater than 3% of the annual gross domestic product of the United States, and (2) otherwise limits the activities of such financial institutions.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bernard Sanders
Independent Senator
Vermont
Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Bank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightCorporate finance and managementCredit and credit marketsEconomic performance and conditionsFederal Reserve SystemFinancial services and investmentsGovernment information and archivesSecurities