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- H.R.4963
H.R.4963: Too Big to Fail, Too Big to Exist Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced April 26, 2012
- Latest Major Action April 26, 2012
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
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 on the list so that their failure would no longer cause a catastrophic effect on the U.S. or global economy...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| April 26, 2012 |
Introduced in the House by Brad Sherman (D-Calif.) |