S 4050 · 119th Congress · Finance and Financial Sector

Failed Bank Executives Clawback Act

Introduced 2026-03-11· Sponsored by Sen. Warren, Elizabeth [D-MA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2026-03-11)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4050 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4050 To amend the Federal Deposit Insurance Act to clarify that the Federal Deposit Insurance Corporation and appropriate Federal regulators have the authority to claw back certain compensation paid to executives, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 11, 2026 Ms. Warren (for herself, Mr. Hawley, Ms. Cortez Masto, Mrs. Britt, Mr. Gallego, Mr. Cramer, Mr. Warner, Mr. Van Hollen, Ms. Smith, Mr. Warnock, Mr. Fetterman, Mr. Kim, Ms. Blunt Rochester, and Ms. Alsobrooks) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To amend the Federal Deposit Insurance Act to clarify that the Federal Deposit Insurance Corporation and appropriate Federal regulators have the authority to claw back certain compensation paid to executives, and for other purposes. Be it enacted by the Senate and House o…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (13)

10 Democrats3 Republicans