A bill to break up large financial entities.
United States115th CongressS-3542Senate
Updated: Oct 3, 2018
Summary
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.
Bill texts
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Timeline
Latest companion bill action
HR-7383: To break up large financial entities.Referred to the House Committee on Financial Services.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate
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