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At Hearing, Warren Slams Powell for Cozying-Up to Big Banks and Inaction on Executive Compensation Reform, Calls for Rulemaking that Protects Stability of the American Economy
July 09, 2024
WASHINGTON, July 9 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release:

At a hearing of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, U.S. Senator Elizabeth Warren (D-Mass.) slammed Federal Reserve (Fed) Chair Jerome Powell for his inaction on executive compensation reform, allowing executives of the country's largest banks to gamble with their bank's finances and risk the stability of the American economy.

In 2010, Congress . . .

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