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Failed Bank Executives Clawback Act

3/21/2026, 4:08 AM

Summary of Bill S 4050

The bill "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" was introduced in the 119th Congress on March 11, 2026.

Current Status of Bill S 4050

Bill S 4050 is currently in the status of Bill Introduced since March 11, 2026. Bill S 4050 was introduced during Congress 119 and was introduced to the Senate on March 11, 2026.  Bill S 4050's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 11, 2026

Bipartisan Support of Bill S 4050

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
13
Democrat Cosponsors
10
Republican Cosponsors
3
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4050

Primary Policy Focus

Alternate Title(s) of Bill S 4050

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.
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.

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