United StatesSenate Bill 2113S 2113

End the Fed’s Big Bank Bailout Act

Finance and Financial Sector

2 pages

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house
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Last progress June 18, 2025 (5 months ago)

Introduced on June 18, 2025 by Rand Paul

Sponsors (2)

House Votes

Vote Data Not Available

Senate Votes

Pending Committee

June 18, 2025 (5 months ago)

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

This bill would stop the Federal Reserve from paying banks any interest or other earnings on the money those banks hold at the Fed. In short, if a bank keeps balances at a Federal Reserve bank, it would no longer earn anything on those balances .

Key points:

Who is affected: The Federal Reserve and depository institutions (banks and similar firms) that keep balances at the Fed .
What changes: Federal Reserve banks would be banned from paying earnings on those balances held by or for depository institutions .

Topic	What it means
Who	The Federal Reserve and depository institutions that keep money at the Fed
What changes	No earnings or interest can be paid on those balances

End the Fed’s Big Bank Bailout Act

Sponsors (2)

House Votes

Senate Votes

Presidential Signature

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