US HB4208 | 2023-2024 | 118th Congress

Status

Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on June 20 2023 - 25% progression
Action: 2023-06-20 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Failed Bank Executives Accountability and Consequences Act

Sponsors


History

DateChamberAction
2023-06-20HouseReferred to the House Committee on Financial Services.
2023-06-20HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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