WASHINGTON — The Senate has passed a bill that would direct the Government Accountability Office to examine the economic benefits large banks receive for being "too big to fail."

The bill, sponsored by Sens. David Vitter, R-La., and Sherrod Brown, D-Ohio, passed by unanimous consent late Friday evening. The lawmakers had indicated they would push for the measure earlier this week.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.