S. 3542 · 115th Congress
A bill to break up large financial entities.
- Stage
- In committee
- Sponsor
- Bernie Sanders
- Introduced
- 2018-10-03
- Latest action
- 2018-10-03 · Introduced in Senate
Summary
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.