Clawing Back Compensation From Failed Bank Executives is Aim of Tester's Bipartisan Bill
June 06, 2023
June 06, 2023
WASHINGTON, June 6 -- Sen. Jon Tester, D-Montana, issued the following news release on June 5, 2023:
As part of his continued efforts to hold executives accountable in the wake of recent bank failures, U.S. Senator Jon Tester is backing the bipartisan Bank Management Accountability Act - legislation that would empower federal regulators to claw back compensation from failed bank executives and ban responsible bank leadership from future participation in the financial industry for at . . .
As part of his continued efforts to hold executives accountable in the wake of recent bank failures, U.S. Senator Jon Tester is backing the bipartisan Bank Management Accountability Act - legislation that would empower federal regulators to claw back compensation from failed bank executives and ban responsible bank leadership from future participation in the financial industry for at . . .