HOUSE 4207118th CongressReferred to the House Committee on Financial Services.
Stopping Bonuses for Unsafe and Unsound Banking Act
- Last Action
- 6/20/2023
Actions
- 2023-06-20Referred to the House Committee on Financial Services.
- 2023-06-20Introduced in House
- 2023-06-20Introduced in House
CRS Summary
As of 2023-06-20 (00)
Stopping Bonuses for Unsafe and Unsound Banking Act
This bill prohibits large banking institutions from paying discretionary bonuses to senior executive officers while under a supervisory notice issued by a banking regulator. The bill provides exceptions for the time period before a remediation plan is due and while a remediation plan is being implemented.
Sourced from Congress.gov (public domain).
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