Too Big to Fail, Too Big to Exist Act

Summary

Too Big to Fail, Too Big to Exist Act - Instructs the Secretary of the Treasury to: (1) submit to Congress, within 90 days after enactment of this Act, a list of all commercial banks, investment banks, hedge funds, and insurance companies that the Secretary believes are too big to fail ("Too Big To Fail List"); and (2) break up entities on the list so that their failure would no longer cause a catastrophic effect on the U.S. or global economy without a taxpayer bailout.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 26 April 2012

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• Introduced in House (PDF)

  Introduced in House · EN · 26 April 2012

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• Introduced in House

  summary · EN · 26 April 2012

  Open at official source

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