SJM8005Introduced in the Senate
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.
Introduced by Robert Hasegawa, District 11
What does this bill do?
Plain-English breakdown
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Official description
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.
Where it stands
Senate Rules "X" file.
February 26, 2026
How did lawmakers vote?
House votes
1 recorded vote · each counted separately
Senate votes
2 recorded votes · each counted separately
HouseStage: House Committee on Consumer Protection & Business: do pass · March 26, 2025
9
Yes
1
No
4
Absent or Not Voting
14 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Shelley Kloba | 001B | Yes |
| Mike Volz | 006A | Not Voting |
| Mike Steele | 012B | No |
| Chris Corry | 014A | Not Voting |
| Jeremie Dufault | 015B | Not Voting |
| Peter Abbarno | 020A | Not Voting |
| Melanie Morgan | 029A | Yes |
| Kristine Reeves | 030B | Yes |
| Cindy Ryu | 032A | Yes |
| Liz Berry | 036B | Yes |
Bill history
Prefiled for introduction.
First reading, referred to Business, Financial Services & Trade.
Public hearing in the Senate Committee on Business, Financial Services & Trade at 8:00 AM.
Executive action taken in the Senate Committee on Business, Financial Services & Trade at 8:00 AM.
BFT - Majority; do pass.
Minority; without recommendation.
Passed to Rules Committee for second reading.
Placed on second reading by Rules Committee.
Rules suspended. Placed on Third Reading.
Third reading, passed; yeas, 44; nays, 5; absent, 0; excused, 0.
First reading, referred to Consumer Protection & Business.
Public hearing in the House Committee on Consumer Protection & Business at 1:30 PM.
Executive action taken in the House Committee on Consumer Protection & Business at 1:30 PM.
CPB - Majority; do pass.
Minority; do not pass.
Minority; without recommendation.
Referred to Rules 2 Review.
By resolution, returned to Senate Rules Committee for third reading.
By resolution, reintroduced and retained in present status.
Senate Rules "X" file.
Verify the information
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