A group of U.S. senators are combining efforts to update legislation and introduce an act that would require federal regulators to claw back up to three years of compensation received
A new bipartisan bill is moving its way through the United States Senate aims to limit compensation for bank executives that are overseeing failing banks. Called the Failed Bank Executives Clawback Act, it was inspired by the failure of Silicon Valley Bank in March of this year.
Nevada s U S Senator Catherine Cortez Masto and Colleagues Push Bipartisan Legislation to Claw Back Big Failed Bank Executive Pay goldrushcam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from goldrushcam.com Daily Mail and Mail on Sunday newspapers.