Warren teams up with Vance on bill to claw back earnings from CEOs of failed banks

Sens. Elizabeth Warren (D-MA) and J.D. Vance (R-OH) have teamed up on a bill to punish executives of big banks that end up failing. The legislation unveiled Thursday makes odd bedfellows of the two — Warren is one of the most liberal lawmakers in Congress, and Vance one of the more conservative. Still, both say the legislation will help prevent future failures, like that of Silicon Valley Bank, by incentivizing bank CEOs to prevent their institutions from collapsing. Read the full story here: https://www.washingtonexaminer.com/policy/economy/warren-vance-bank-ceo-legislation-svb-collapse Check out our website: https://www.washingtonexaminer.com/