119th Congress
S. 2113
End the Fed’s Big Bank Bailout Act
- Introduced
- In committee
- Passed Senate
- Passed House
- To President
- Became law
- Sponsor
- Rand Paul(R-KY)
- Introduced
- Jun 18, 2025
- Policy area
- Finance and Financial Sector
- Committees
- Senate Committee on Banking, Housing, and Urban Affairs; Senate Committee on Homeland Security and Governmental Affairs
- Official text
- Introduced in Senate · Congress.gov page
Cosponsors (1)
Added later (1)
- Bernard Sanders (I-VT) · Jul 21, 2025
Summary
Summary by the Congressional Research Service· describes the “Introduced in Senate” version
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.
Roll-call votes
No recorded votes on this bill.
Actions
- Dec 11, 2025 · Senate
Committee on Homeland Security and Governmental Affairs. Hearings held. - Jun 18, 2025 · Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. - Jun 18, 2025
Introduced in Senate