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Bill115th CongressFiled Oct 3, 2018Finance and Financial Sector
S. 3542

A bill to break up large financial entities.

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary introduced in senate (Oct 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.

What just happenedOct 3, 2018

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

Who’s behind it

Sen. Sanders, Bernard [I-VT](I-VT)Sponsor
Read on Congress.gov
1committees2actions10subjects
  1. Oct 3, 2018IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  2. Oct 3, 2018IntroReferral10000

    Introduced in Senate

A bill to break up large financial entities. — Informed