WashingtonSJM 80052025-2026 Regular SessionSenate

Requesting that Congress enact legislation that would reinstate the separation of commercial and investment banking functions that were in effect under the Glass-Steagall act.

Sponsored By: Bob Hasegawa (Democratic)

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Bob Hasegawa

    Democratic • Senate

Cosponsors

  • Derek Stanford

    Democratic • Senate

  • Lisa Wellman

    Democratic • Senate

  • Yasmin Trudeau

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 44 • No: 5

Senate vote • 2/5/2025

3rd Reading & Final Passage

Yes: 44 • No: 5

Actions Timeline

  1. Senate Rules "X" file.

    2/26/2026Senate
  2. By resolution, reintroduced and retained in present status.

    1/12/2026Senate
  3. By resolution, returned to Senate Rules Committee for third reading.

    4/27/2025Senate
  4. Referred to Rules 2 Review.

    3/28/2025Senate
  5. Minority; without recommendation.

    3/26/2025Senate
  6. Minority; do not pass.

    3/26/2025Senate
  7. CPB - Majority; do pass.

    3/26/2025Senate
  8. CPB - Executive action taken by committee.

    3/26/2025Senate
  9. First reading, referred to Consumer Protection & Business.

    2/7/2025Senate
  10. Third reading, passed; yeas, 44; nays, 5; absent, 0; excused, 0.

    2/5/2025Senate
  11. Rules suspended. Placed on Third Reading.

    2/5/2025Senate
  12. Placed on second reading by Rules Committee.

    1/29/2025Senate
  13. Passed to Rules Committee for second reading.

    1/24/2025Senate
  14. Minority; without recommendation.

    1/22/2025Senate
  15. BFT - Majority; do pass.

    1/22/2025Senate
  16. First reading, referred to Business, Financial Services & Trade.

    1/13/2025Senate

Bill Text

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