,,ii  #aacth ,,congress  #ast ,session  
,s4 #fhe  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,april #i1 #bjac    
,mr4 ,sanders introduced the following  
bill2 which was read twice and referred 
to the ,committee on ,banking1 ,housing1
 and ,urban ,affairs  ,a ,,bill  ,to    
address the concept of ,too ,big ,to    
,fail with respect to certain financial 
entities4  #a4 ,short title ,this ,act  
may be cited as the ,too ,big to ,fail1 
,too ,big to ,exist ,act4  #b4 ,report  
to ,congress on institutions that are   
too big to fail ,notwithstanding any    
other provision of law1 not later than  
#ij days after the date of enactment of 
this ,act1 the ,secretary of the        
,treasury shall submit to ,congress a   
list of all commercial banks1 investment
 banks1 hedge funds1 and insurance      
companies that the ,secretary believes  
are too big to fail1 which shall        
include1 but is not limited to1 any     
,united ,states bank holding companies  
that have been identified as            

systemically important banks by the     
,financial ,stability ,board 7in this   
,act referred to as the ,too ,big to    
,fail ,list74  #c4 ,breaking-up too big 
to fail institutions ,notwithstanding   
any other provision of law1 beginning #a
 year after the date of enactment of    
this ,act1 the ,secretary of the        
,treasury shall break up entities       
included on the ,too ,big ,to ,fail     
,list1 so that their failure would no   
longer cause a catastrophic effect on   
the ,united ,states or global economy   
without a taxpayer bailout4  #d4        
,definition ,for purposes of this ,act1 
the term ,too ,big to ,fail means any   
entity that has grown so large that its 
failure would have a catastrophic effect
 on the stability of either the         
financial system or the ,united ,states 
economy without substantial ,government 
assistance4