<?xml version="1.0" encoding="UTF-8"?><BillSummaries>
<item congress="115" measure-type="s" measure-number="3542" measure-id="id115s3542" originChamber="SENATE" orig-publish-date="2018-10-03" update-date="2019-08-17">
<title>A bill to break up large financial entities.</title>
<summary summary-id="id115s3542v00" currentChamber="SENATE" update-date="2019-08-17">
<action-date>2018-10-03</action-date>
<action-desc>Introduced in Senate</action-desc>
<summary-text><![CDATA[<p>This bill (1) directs the Federal Reserve Board to break up any financial institution with a total exposure equal to or greater than 3% of the annual gross domestic product of the United States, and (2) otherwise limits the activities of such financial institutions.</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>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.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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</BillSummaries>
