HR 6705 · 119th Congress · Finance and Financial Sector
Stopping Bonuses for Unsafe and Unsound Banking Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2025-12-15)
Plain Language Summary
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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6705 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 6705 To prohibit a large banking institution from paying discretionary bonus payments when the institution is subject to a Matter Requiring Immediate Attention and does not provide the appropriate Federal banking agency with a remediation plan to correct the matter, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 15, 2025 Ms. Pettersen introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To prohibit a large banking institution from paying discretionary bonus payments when the institution is subject to a Matter Requiring Immediate Attention and does not provide the appropriate Federal banking agency with a remediation plan to correct the matter, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cit…
Summarized by Claude AI · Non-partisan · For informational purposes only