HR 7886
Failed Bank Executives Accountability and Consequences Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 3:10 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Failed Bank Executives Accountability and Consequences Act, aims to hold executives accountable for financial losses at failing banks. It grants federal financial regulators the authority to ‘claw back’ executive compensation – recovering bonuses and other remuneration – in cases where negligence caused a bank’s failure. The bill also expands the ability of regulators to prohibit executives from working at future banks and imposes civil fines for misconduct contributing to a bank’s collapse. It reinforces existing laws to ensure regulators can fully exercise their enforcement powers against executives of failed banks.
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