SENATOR VANCE QUESTIONS BANKING PANEL ON CLAWING BACK BONUSES OF RECKLESS BANK EXECUTIVES
May 05, 2023
May 05, 2023
WASHINGTON, May 5 -- Sen. J.D. Vance, R-Ohio, issued the following news release on May 4, 2023:
Senator JD Vance (R-OH) questioned witnesses during a hearing of the Senate Committee on Banking, Housing, and Urban Affairs regarding the need to hold banking executives accountable.
"In particular, what we're worried about is you take a situation like Silicon Valley Bank where executives paid themselves out very large amounts of money in the weeks and months leadi . . .
Senator JD Vance (R-OH) questioned witnesses during a hearing of the Senate Committee on Banking, Housing, and Urban Affairs regarding the need to hold banking executives accountable.
"In particular, what we're worried about is you take a situation like Silicon Valley Bank where executives paid themselves out very large amounts of money in the weeks and months leadi . . .