WASHINGTON, March 6 -- Rep. Sean Casten, D-Illinois, issued the following news release:

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Casten Reintroduces Bill to Require Chief Risk Officer at Big Banks

Washington, D.C. -- U.S. Congressman Sean Casten (IL-06) introduced the Chief Risk Officer Enforcement and Accountability Act, legislation to require large banks to employ a Chief Risk Officer and increase notification requirements and public transparency when the position becomes vacant.

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