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S. 2544 (115th): Ending Too Big to Jail Act


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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Mar 14, 2018.


Ending Too Big to Jail Act

This bill amends the Emergency Economic Stabilization Act of 2008 to (1) replace the Office of the Special Inspector General for the Troubled Asset Relief Program with the Office of the Special Inspector General for Financial Institution Crime, (2) task the office with investigating crimes within financial institutions and with conducting material-loss reviews when such institutions fail, and (3) otherwise revise provisions related to crime and fraud in financial institutions.