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End the Fed’s Big Bank Bailout Act

7/14/2025, 2:18 PM

Summary of Bill S 2113

The bill introduced in the 119th Congress and given the designation S. 2113 aims to amend the Federal Reserve Act to prevent depository institutions from earning interest on balances held at a Federal Reserve bank. The specific provisions and actions proposed in the bill are not explicitly outlined in the provided context.

Current Status of Bill S 2113

Bill S 2113 is currently in the status of Bill Introduced since June 18, 2025. Bill S 2113 was introduced during Congress 119 and was introduced to the Senate on June 18, 2025.  Bill S 2113's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of June 18, 2025

Bipartisan Support of Bill S 2113

Total Number of Sponsors
3
Democrat Sponsors
0
Republican Sponsors
3
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2113

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 2113

A bill to amend the Federal Reserve Act to prohibit earnings on balances maintained at a Federal Reserve bank by or on behalf of a depository institution.
A bill to amend the Federal Reserve Act to prohibit earnings on balances maintained at a Federal Reserve bank by or on behalf of a depository institution.

Comments

Lacey Poe profile image

Lacey Poe

491

5 months ago

I don't care about all the fancy talk, but this bill is a good idea. It's about time we stop letting these big banks make money off of our hard-earned cash. I'm sick of them getting richer while the rest of us struggle to make ends meet. This bill is a step in the right direction to level the playing field. I hope it passes and makes a real difference for regular folks like me.

Jonah Lopez profile image

Jonah Lopez

453

5 months ago

I think this bill is bad for us regular folks. It's gonna make things harder for us to get by. I don't like how it's gonna affect my money. This bill needs to be stopped. #EndTheFed #BigBankBailoutAct