Buck, Bipartisan Colleagues Introduce Bill To Hold Failed Bank Executives Accountable
April 29, 2023
April 29, 2023
WASHINGTON, April 29 -- Rep. Ken Buck, R-Colorado, issued the following news release on April 28, 2023:
Yesterday, Representatives Ken Buck (R-CO), Katie Porter (D-CA), Victoria Spartz (R-IN), Ruben Gallego (D-AZ), and Marie Gluesenkamp Perez (D-WA) introduced legislation to hold executives accountable for bank failures. The bipartisan Failed Bank Executives Clawback Act directly targets unjust compensation earned by executives who threaten our financial system and economy.
Yesterday, Representatives Ken Buck (R-CO), Katie Porter (D-CA), Victoria Spartz (R-IN), Ruben Gallego (D-AZ), and Marie Gluesenkamp Perez (D-WA) introduced legislation to hold executives accountable for bank failures. The bipartisan Failed Bank Executives Clawback Act directly targets unjust compensation earned by executives who threaten our financial system and economy.