S. 2113 · 119th Congress
End the Fed’s Big Bank Bailout Act
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PaulSponsor1 cosponsor · 1 I
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in Senate · Jun 18, 2025
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: End the Fed’s Big Bank Bailout Act
Latest action (Dec 11, 2025): Committee on Homeland Security and Governmental Affairs. Hearings held.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Jun 18, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.