S. 2113 · 119th Congress
End the Fed’s Big Bank Bailout Act
- Stage
- In committee
- Sponsor
- Rand Paul
- Introduced
- 2025-06-18
- Latest action
- 2025-12-11 · Committee on Homeland Security and Governmental Affairs. Hearings held.
Summary
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.