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.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Bank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightCredit and credit marketsEconomic performance and conditionsFinancial crises and stabilizationGovernment lending and loan guaranteesSecurities
To address the concept of "Too Big To Fail" with respect to certain financial entities.
USA115th CongressHR-7006| House
| Updated: 9/28/2018
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.
Bank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightCredit and credit marketsEconomic performance and conditionsFinancial crises and stabilizationGovernment lending and loan guaranteesSecurities