President Joe Biden on Friday called on Congress to allow regulators to impose tougher penalties on the executives of failed banks, including clawing back compensation and making it easier to bar them from working in the industry.
Source: washington times
Summary automatically generated by NewSUM A.I. from the following sources:
- Biden calls for tougher penalties for execs of failed banks (washington times)
- Biden calls for tougher penalties for failed bank execs (independent.co.uk)