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Stopping Bonuses for Unsafe and Unsound Banking Act

USA118th CongressHR-4207| House 
| Updated: 6/20/2023
Brittany Pettersen

Brittany Pettersen

Democratic Representative

Colorado

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Stopping Bonuses for Unsafe and Unsound Banking Act This bill prohibits large banking institutions from paying discretionary bonuses to senior executive officers while under a supervisory notice issued by a banking regulator. The bill provides exceptions for the time period before a remediation plan is due and while a remediation plan is being implemented.
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Timeline
Jun 20, 2023
Introduced in House
Jun 20, 2023
Referred to the House Committee on Financial Services.
  • June 20, 2023
    Introduced in House


  • June 20, 2023
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Stopping Bonuses for Unsafe and Unsound Banking Act

USA118th CongressHR-4207| House 
| Updated: 6/20/2023
Stopping Bonuses for Unsafe and Unsound Banking Act This bill prohibits large banking institutions from paying discretionary bonuses to senior executive officers while under a supervisory notice issued by a banking regulator. The bill provides exceptions for the time period before a remediation plan is due and while a remediation plan is being implemented.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 20, 2023
Introduced in House
Jun 20, 2023
Referred to the House Committee on Financial Services.
  • June 20, 2023
    Introduced in House


  • June 20, 2023
    Referred to the House Committee on Financial Services.
Brittany Pettersen

Brittany Pettersen

Democratic Representative

Colorado

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted