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S. 3542

BillFederalSenateIn Committee
A bill to break up large financial entities.
About This Bill
Committee
Latest Action · October 3, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
115th (2017–2019)
Introduced
October 3, 2018
Cosponsors (0)
None
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Summary

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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.

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