Bipartisan group of senators offer clawback bill for bank failures
WASHINGTON — A bipartisan group of senators released draft legislation Wednesday that would claw back executive pay in the five years leading up to a bank’s failure, following President Joe Biden’s call on Congress to take action.
Democratic Sens. Elizabeth Warren of Massachusetts and Catherine Cortez Masto of Nevada were joined by Republican Sens. Mike Braun of Indiana and Josh Hawley of…