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HR 4142 111th Congress House Finance and Financial Sector Banking and financial institutions regulation Congressional oversight Financial crises and stabilization Financial services and investments Insurance industry and regulation

Too Big to Fail, Too Big to Exist Act

Introduced: November 19, 2009 See on congress.gov
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 19, 2009
Referred to the House Committee on Financial Services.
Nov 19, 2009
Introduced in House
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 Plain-English summary Congressional Research Service

Too Big to Fail, Too Big to Exist Act - Instructs the Secretary of the Treasury to: (1) submit to Congress, within 90 days after enactment of this Act, a list of all commercial banks, investment banks, hedge funds, and insurance companies that the Secretary believes are too big to fail (" Too Big To Fail List"); and (2) break up entities included on such list so that their failure would no longer cause a catastrophic effect on the United States or global economy without a taxpayer bailout.

What's happening now November 19, 2009

Referred to the House Committee on Financial Services.

 Related & companion bills 1
  • S 2746 Identical bill Too Big to Fail, Too Big to Exist Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Sherman, Brad
California · May 13, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4142: Too Big to Fail, Too Big to Exist Act. 111th Congress. Open America. https://openamerica.io/bill/111-HR-4142/
MLA
"H.R. 4142: Too Big to Fail, Too Big to Exist Act." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-4142/.
Bluebook (legal)
H.R. 4142, 111th Cong. (2026), https://openamerica.io/bill/111-HR-4142/.
Markdown link
[H.R. 4142: Too Big to Fail, Too Big to Exist Act](https://openamerica.io/bill/111-HR-4142/)
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