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S2113Referred to Committee

End the Fed’s Big Bank Bailout Act

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-06-18
Introduced
1
Cosponsors
S
ⓘ
Type

Sponsor

Rand Paul
Rand Paul
Republican · KY · Senator
Votes with party: 67.1% (846 recorded votes)
Top industries funding 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

Finance and Financial Sector
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.

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    Referred to Committee · 2026-08-05