Failed Bank Executives Accountability and Consequences Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, Failed Bank Executives Accountability and Consequences Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Housing, Government Operations.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H10AF8BF98C474388A5DF6E735E2FFB50: 1. Short title This Act may be cited as the Failed Bank Executives Accountability and Consequences Act.
- Section HE9E8360A8EE64216ABB80DFFF4F5B5A6: 2. Sense of Congress It is the sense of the Congress that— financial regulators and law enforcement agencies should fully exercise the maximum extent of their...
- Section H7FA8414F42C9491AA12231CA85B8B169: 3. Clawback authority Section 8 of the Federal Deposit Insurance Act (12 U.S.C. 1818) is amended by adding at the end the following: (x)Recoupment of...
- Section HC7F479BCAC7641BAAF7B715865FA297B: 4. Removal and prohibition authority in the case of institution failure Section 8(e) of the Federal Deposit Insurance Act (12 U.S.C. 1818(e)) is amended— by...
- Section H5489BBB433774426A0409FF28FAEF7AB: 5. Fines for failed bank executives Section 8(i)(2) of the Federal Deposit Insurance Act (12 U.S.C. 1818(i)(2)) is amended— by redesignating subparagraphs (D),...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, Failed Bank Executives Accountability and Consequences Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Housing, Government Operations
Primary Purpose
This bill, Failed Bank Executives Accountability and Consequences Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
In CommitteeReferred to the House Committee on Financial Services.
Introduced in House
Ms. Waters introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology