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End the Fed’s Big Bank Bailout Act

Committee hearing: it can still change before the session ends.

US S 2113 · Senate Bill · 119th Congress

Draft a letter
Stage
Committee hearing
Started in
Senate
Sponsors
2
Latest action
Dec 11, 2025

What it does

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.

Official summary · Introduced in Senate · Jun 18, 2025

Titles and provisions can change as the bill moves.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Jun 18, 2025

  2. Committee (Current step)

    Committee hearing · Dec 11, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

End the Fed’s Big Bank Bailout Act | 52