BILL • US HOUSE
To provide Federal financial regulators with clawback authority over executive compensation and additional industry prohibition and civil money penalty authority with respect to executives whose negligence caused financial loss to the applicable financial institution, and for other purposes.
119th Congress
Introduced by
Maxine Waters,
Allows federal regulators to claw back executive compensation when negligence causes financial institution losses and strengthens penalty authority over responsible executives.
Introduced in House
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