End the Fed’s Big Bank Bailout Act
Sponsor
- Conservative Groups$473k
Full profile: /officials/P000603
Source: Congress.gov · FEC
Cosponsors (1)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
1 cosponsor on record at Congress.gov. The named list is syncing into Govwatch and will appear here shortly — view on Congress.gov in the meantime.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Committee on Homeland Security and Governmental Affairs. Hearings held.
2025-12-11
Source: Congress.gov
Committee Activity
Currently in
- Senate Committee on Homeland Security and Governmental AffairsHearings By (full committee) · 2025-12-11
- Senate Committee on Banking, Housing, and Urban AffairsReferred To · 2025-06-18
Plain-English Summary
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.
Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.
Subjects
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