S.4050

Failed Bank Executives Clawback Act

Introduced·3/11/26
Introduced

S. 4050

Introduced in Senate · March 20, 2026

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 of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Failed Bank Executives Clawback Act”.