Bans bonuses for top executives at large banks facing serious problems.
This bill would ban large banks from paying discretionary bonuses to their top executives if federal regulators say the bank needs "immediate attention" for serious problems. However, banks could still pay these bonuses if they quickly submit and get approval for a plan to fix the issues.
Today, large banks can currently pay discretionary bonuses to their top executives even when federal regulators have identified serious problems needing immediate attention. After this bill, large banks would be prohibited from paying these bonuses if they receive such a warning. This ban would not apply if they submit and get approval for a plan to fix the issues within a set timeframe. This would link executive bonuses to the bank's ability to quickly resolve regulatory concerns.
HR 6705 · 119th Congress · December 15, 2025 · AI Summary by gemini-2.5-flash · 8/10
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