Skip to main content
HR 4813 116th Congress House Finance and Financial Sector Banking and financial institutions regulation Broadcasting, cable, digital technologies Currency

Keep Big Tech Out Of Finance Act

Introduced: October 23, 2019 Introduced by: García, Jesús G. "Chuy" Democratic · Illinois See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 13, 2019
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Oct 23, 2019
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Oct 23, 2019
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Keep Big Tech Out Of Finance Act

This bill generally prohibits certain large technology companies (e.g., social media platforms) from offering financial services. Specifically, these companies may not be a financial institution; be affiliated with a financial institution; or establish, maintain, or operate a digital currency.

The bill provides for a one-year wind-down period for a company engaging in these prohibited activities.

What's happening now November 13, 2019

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4813: Keep Big Tech Out Of Finance Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-4813/
MLA
"H.R. 4813: Keep Big Tech Out Of Finance Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-4813/.
Bluebook (legal)
H.R. 4813, 116th Cong. (2026), https://openamerica.io/bill/116-HR-4813/.
Markdown link
[H.R. 4813: Keep Big Tech Out Of Finance Act](https://openamerica.io/bill/116-HR-4813/)
Report a problem