Financial Services Committee Advances Velazquez Bill on CEO Pay
September 20, 2019
September 20, 2019
WASHINGTON, Sept. 20 -- Rep. Nydia M. Velazquez, D-New York, issued the following news release:
The House Financial Services Committee has passed legislation authored by Rep. Nydia M. Velazquez (D-NY) aimed at addressing growing income discrepancy between company CEOs, other senior staff and median-pay employees. Velazquez's bill, the Greater Accountability in Pay, H.R. 4242, would require public companies to disclose the pay raise percentage of its executives and median-pay employe . . .
The House Financial Services Committee has passed legislation authored by Rep. Nydia M. Velazquez (D-NY) aimed at addressing growing income discrepancy between company CEOs, other senior staff and median-pay employees. Velazquez's bill, the Greater Accountability in Pay, H.R. 4242, would require public companies to disclose the pay raise percentage of its executives and median-pay employe . . .