Bill Information > SJM 8005
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SJM 8005 - 2025-26
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.
Companion Bill: HJM 4006
Bill History
2025 REGULAR SESSION
IN THE SENATE
Dec 23
Prefiled for introduction.
Jan 13
First reading, referred to Business, Financial Services & Trade.
(View Original Bill)
Jan 16
Public hearing in the Senate Committee on Business, Financial Services & Trade at 8:00 AM.
(Committee Materials)
Jan 22
Executive action taken in the Senate Committee on Business, Financial Services & Trade at 8:00 AM.
(Committee Materials)
BFT - Majority; do pass.
(Majority Report)
Minority; without recommendation.
(Minority Report)
Jan 24
Passed to Rules Committee for second reading.
Jan 29
Placed on second reading by Rules Committee.
Feb 5
Rules suspended. Placed on Third Reading.
Third reading, passed; yeas, 44; nays, 5; absent, 0; excused, 0.
(View Roll Calls)
IN THE HOUSE
Feb 7
First reading, referred to Consumer Protection & Business.
Mar 19
Public hearing in the House Committee on Consumer Protection & Business at 1:30 PM.
(Committee Materials)
Mar 26
Executive action taken in the House Committee on Consumer Protection & Business at 1:30 PM.
(Committee Materials)
CPB - Majority; do pass.
(Majority Report)
Minority; do not pass.
(Minority Report)
Minority; without recommendation.
(Minority Report)
Mar 28
Referred to Rules 2 Review.
Available Documents
For a complete list of documents, go to Online Reports Text of a Legislative Document.

Fiscal Note
(Not Available)
Amendments
(No Amendments)
Available Videos
(Video links take you to the TVW website)
Live video is available at the stated time. Archived video becomes available approximately two hours after the close of the hearing or floor session.
Live video is available at the stated time. Archived video becomes available approximately two hours after the close of the hearing or floor session.