United States · Bill · S
S. 3542 (115th)
A bill to break up large financial entities.
Introduced
3 October 2018
Last action
—
Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
—
Subjects
Discovery layer
Source updated
7 April 2025
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.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 3 October 2018
Introduced in Senate (PDF)
Introduced in Senate · EN · 3 October 2018
Introduced in Senate
summary · EN · 3 October 2018
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/senate-bill/3542
- Open data entity: https://api.congress.gov/v3/bill/115/s/3542