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- S.2746
S.2746: Too Big to Fail, Too Big to Exist Act
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced Nov. 5, 2009
- Latest Major Action Nov. 6, 2009
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill 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 included on such list so that their failure would no longer cause a catastrophic effect on the United...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Sponsor introductory remarks on measure.
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| Nov. 5, 2009 |
Introduced in the Senate by Bernard Sanders (ID-Vt.) |