In CommitteeFiled Mar 9, 2026
Sponsor: Rep. Waters, Maxine [D-CA-43] (D)
Latest Action
Referred to the House Committee on Financial Services.
Mar 9, 2026
Summary
The bill bars officers, directors and senior executives of large banks from selling shares they received as compensation if the bank is subject to a cease‑and‑desist order, has a poor risk rating, or is under an unresolved supervisory notice. It targets banks and holding companies with more than $50 billion in assets. The aim is to keep executives’ interests aligned with the safety of the institution.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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