119th Congress Finance and Financial Sector
S. 2113: End the Fed’s Big Bank Bailout Act
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Bernard Sanders I-VT
Who scored on this bill
- 1Rand Paul SponsorIntroduced, drew cross-party cosponsors2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Rand Paul
History
- Introduced in the Senate by Rand Paul.
Show the full action history (3 actions)
- Committee on Homeland Security and Governmental Affairs. Hearings held.
- Introduced in Senate
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.