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Press Release: Rand Paul Proposes Amendment to Terminate Federal Reserve's Assistance to Major Banks in 2026 NDAA

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Senator Rand Paul has proposed an amendment to the 2026 NDAA aimed at eliminating Federal Reserve bank bailouts.

Quiver AI Summary

U.S. Senator Rand Paul has proposed an amendment to the 2026 National Defense Authorization Act aimed at eliminating the Federal Reserve's power to pay interest on reserves held by banks. He asserts this practice has cost taxpayers significantly, claiming it rewards large banks while burdening ordinary citizens. Paul is advocating for the "End the Fed’s Big Bank Bailout Act" to address these concerns.

Senator Paul criticized the Federal Reserve's payments, which he states have increased from $5 billion annually before 2008 to nearly $200 billion over the past three years. He highlights the contradiction of subsidizing banks while the Fed operates at a loss and calls for an end to these payments to protect taxpayers' interests. The Senate is scheduled to discuss the amendment today.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Rand Paul Net Worth

Quiver Quantitative estimates that Rand Paul is worth $2.1M, as of October 10th, 2025. This is the 251st highest net worth in Congress, per our live estimates.

Paul has approximately $17.8K invested in publicly traded assets which Quiver is able to track live.

You can track Rand Paul's net worth on Quiver Quantitative's politician page for Paul.

Rand Paul Bill Proposals

Here are some bills which have recently been proposed by Rand Paul:

  • S.2769: Safeguarding Personal Information Act of 2025
  • S.2733: Duplication Scoring Act of 2025
  • S.2732: Bonuses for Cost-Cutters Act of 2025
  • S.2327: Federal Reserve Transparency Act of 2025
  • S.2244: Excluding Illegal Aliens from Medicaid Act
  • S.2147: Collegiate Sports Integrity Act

You can track bills proposed by Rand Paul on Quiver Quantitative's politician page for Paul.

Rand Paul Fundraising

Rand Paul recently disclosed $697.3K of fundraising in a Q2 FEC disclosure filed on July 11th, 2025. This was the 88th most from all Q2 reports we have seen this year. 97.3% came from individual donors.

Paul disclosed $880.9K of spending. This was the 31st most from all Q2 reports we have seen from politicians so far this year.

Paul disclosed $6.9M of cash on hand at the end of the filing period. This was the 28th most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Rand Paul's fundraising on Quiver Quantitative.

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