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Warner Sponsors Legislation To Recoup Bank Executive Bonuses And Stock Sales In The Case Of Bank Failure
March 23, 2023
WASHINGTON, March 23 -- Sen. Mark Warner, D-Virginia, issued the following news release:

Following the collapse of Silicon Valley Bank, U.S. Sen. Mark R. Warner (D-VA), a member of the Senate Banking Committee, has announced that he is co-sponsoring legislation to ensure executives of failed banks are held accountable for mismanagement.

In the wake of the Silicon Valley Bank (SVB) collapse, the FDIC has acted to ensure workers and small businesses won't have to pay . . .

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