House Democrats will introduce a suite of bills aimed at holding bank executives accountable for large-scale failures.
House Democrats, led by Rep. Maxine Waters, will introduce 11 bills to regulate the financial sector in the wake of several banking collapses.
Members of the House Financial Services Committee, led by ranking member Rep. Maxine Waters, D-Calif., are seeking an expansion to federal regulatory authorities and more oversight for bank executives, including clawbacks on compensation, fines and the closure of loopholes that allowed some banks to escape standards established under the 2010 Dodd-Frank Act.
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