S. 2113

Summary

S. 2113, the End the Fed’s Big Bank Bailout Act, was introduced in the Senate on Jun 18, 2025 by Sen. Rand Paul (R) with 1 co-sponsor. It was referred to Banking, Housing, And Urban Affairs, and last saw action on Dec 11, 2025: Committee on Homeland Security and Governmental Affairs. Hearings held.

Record

Text

S. 2113 has 1 co-sponsor.

119 S2113 IS: End the Fed’s Big Bank Bailout Act
 U.S. Senate
 2025-06-18
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
  II
  119th CONGRESS
  1st Session
  S. 2113
  IN THE SENATE OF THE UNITED STATES
  June 18, 2025
  Mr. Paul  introduced the following bill;
  which was read twice and referred to the  Committee on Banking, Housing, and Urban Affairs
  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.
1.
Short title
This Act may be cited as the   End the Fed’s Big Bank Bailout Act  .
2.
Prohibition on earnings
Section 19(b) of the Federal Reserve Act ( 12 U.S.C. 461(b) ) is amended by striking paragraph (12) and inserting the following:
(12)
Earnings on balances
No Federal Reserve bank may pay earnings on balances maintained at a Federal Reserve bank by or on behalf of a depository institution.
  .

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Sponsors

Sen. Rand Paul (R) sponsors S. 2113, and 1 member has co-sponsored it.

Rand Paul

Sen. · R–KY · Sponsor

Introduced Jun 18, 2025

Bernard Sanders

Sen. · I–VT · Co-sponsor

Joined Jul 21, 2025

Show 2 of 2 rows

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Committees

S. 2113 went before 2 committees: Homeland Security and Governmental Affairs and Banking, Housing, and Urban Affairs.

Homeland Security and Governmental Affairs

Homeland Security and Governmental Affairs

Hearings By (full committee) · Dec 11, 2025 · 444 Bills

Banking, Housing, and Urban Affairs

Banking, Housing, and Urban Affairs

Referred To · Jun 18, 2025 · 465 Bills

Actions

S. 2113 has taken 3 actions since Jun 18, 2025, the latest on Dec 11, 2025.

Votes

S. 2113 has not gone to a roll call.

Titles

S. 2113 goes by 3 titles, 1 of them short titles.

• End the Fed’s Big Bank Bailout Act — Display Title
• End the Fed’s Big Bank Bailout Act — Short Title(s) as Introduced
• 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. — Official Title as Introduced

Lobbying

4 clients hired 4 firms and 29 registered lobbyists who named S. 2113 in 11 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Banking, Taxation/Internal Revenue Code, Agriculture, Alcohol and Drug Abuse, Postal, Trade (domestic/foreign), Beverage Industry, Constitution.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 29.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files S. 2113 under Finance and Financial Sector, one of its 31 policy areas, and gives it 4 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 2113’s is Finance and Financial Sector.

Legislative Subjects

S. 2113 carries 4 of CRS’s legislative subjects, from Bank accounts, deposits, capital to Wages and earnings.

Source: congress.gov · legiscan.com