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Coverage dated March 16, 2023

Biden calls for tougher penalties for execs of failed banks

Headline from KYMA Yuma

President Joe Biden on Friday called on Congress to allow regulators to impose tougher penalties on the executives of failed banks, including clawing back compensation and making it easier to bar them from working in the industry.

KYMA Yuma's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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13 articles, oldest first.

  1. KYMA Yuma

    Biden calls for tougher penalties for execs of failed banks (opens KYMA Yuma)

    Published

    KYMA Yuma's feed description

    President Joe Biden on Friday called on Congress to allow regulators to impose tougher penalties on the executives of failed banks, including clawing back compensation and making it easier to bar them from working in the industry.

  2. Al Jazeera

    Biden urges ‘accountability’ for executives of failed banks (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    US president calls on Congress to impose tougher penalties on senior officials of banks that fail due to mismanagement.

  3. Los Angeles Times

    Biden calls for tougher penalties for failed bank execs (opens Los Angeles Times)

    Published

    Los Angeles Times's feed description

    Biden called on Congress to grant the FDIC powers after the Silicon Valley Bank and Signature Bank failures sent shock waves through the banking industry.

  4. FOX Business

    Biden backs tougher penalties for executives of failed banks in wake of collapses (opens FOX Business)

    Published

    FOX Business's feed description

    President Biden released a statement Friday encouraging harsher penalties on bank executives who mismanage their institutions into financial collapse.

  5. Wyoming Public Media

    Biden wants Congress to boost penalties for executives when mid-sized banks fail (opens Wyoming Public Media)

    Published

    Wyoming Public Media's feed description

    President Biden said the current law limits his administration's power to hold executives responsible when mid-sized banks fail due to mismanagement.

  6. Washington Examiner

    SVB collapse: Biden calls for harsher penalties on banking executives (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    President Joe Biden on Friday called for harsher penalties for banking executives in the wake of Silicon Valley Bank's collapse.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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