HR 7006 · 115th Congress · Finance and Financial Sector

Too Big To Fail, Too Big To Exist Act

Introduced 2018-09-28· Sponsored by Rep. Sherman, Brad [D-CA-30]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2018-09-28)

Plain Language Summary

[AI summary unavailable — showing source text] Too Big To Fail, Too Big To Exist Act This bill (1) directs the Department of the Treasury to break up any entity whose failure would have a catastrophic effect on the stability of the financial system, and (2) otherwise limits the activities of such entities.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Rep. Lieu, Ted [D-CA-33]CA