End the Fed’s Big Bank Bailout Act
- Introduced Jun 18
- Committee Jun 18
- Passed Senate Next
- Passed House Not yet
- To President Not yet
- Law Not yet
Where it stands
In committee, Jun 18, 2025Next: Senate vote
321d ago Dec 11, 2025: Committee on Homeland Security and Governmental Affairs. Hearings held.
Final votes
No roll callsNo recorded vote on this bill yet
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Companies lobbying on this bill
2 companiesCompanies by sector
Financials 2
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Votes
No recorded roll-call vote on this bill yet
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Summary
End the Fed’s Big Bank Bailout Act
Full summary1 paragraphs
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.
Library of Congress summary, Jun 18, 2025
Summary versions
- Introduced in SenateJun 18, 2025
Actions
- SenateCommittee on Homeland Security and Governmental Affairs. Hearings held.Dec 11, 2025
- SenateIntroduced in SenateJun 18, 2025
- SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.Jun 18, 2025
Bill record
Text versions1
- Introduced in SenateJun 18, 2025PDF: Introduced in Senate
Committees2
- Senate Homeland Security and Governmental Affairs CommitteeHearings By (full committee) Dec 11, 2025
- Senate Banking, Housing, and Urban Affairs CommitteeReferred To Jun 18, 2025
Sponsor and cosponsors1 cosponsor
- Sen. Rand Paul (R-KY)Sponsor, Jun 18, 2025
- Bernie Sanders (I-VT)Joined Jul 21, 2025
Amendments0
No amendments offered
Cost estimates and reports0
No cost estimate or committee report yet
Titles2
Short titles
- End the Fed’s Big Bank Bailout ActShort Title(s) as Introduced
Official titles
- A bill to amend the Federal Reserve Act to prohibit earnings on balances maintained at a Federal Reserve bank by or on behalf of a depository institution.Official Title as Introduced
Subjects5
Policy area
Legislative subjects
Bank accounts, deposits, capitalBanking and financial institutions regulationFederal Reserve SystemWages and earnings
Related bills0
No related bills listed
Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.