HR 6705
Stopping Bonuses for Unsafe and Unsound Banking Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 13, 2026, 4:10 PM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Stopping Bonuses for Unsafe and Unsound Banking Act, aims to prevent large banks from awarding discretionary bonuses when they are facing serious issues flagged by banking regulators. Specifically, if a bank receives a ‘matter requiring immediate attention,’ it cannot pay bonuses until the issue is resolved and the regulator approves a remediation plan. The bill focuses on institutions with over $50 billion in assets, ensuring accountability for risky behavior and potential financial instability.
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