Recover bonuses and compensation from executives of banks that fail due to mismanagement.
One policy goal, tracked across every bill that has carried it.
What’s happening with Failed Bank Executives Clawback Act?
The Failed Bank Executives Clawback Act is currently tracked as S. 4050, which was referred to the Senate Committee on Banking, Housing, and Urban Affairs on March 10, 2026. The committee members must hold a vote to move the bill forward, but the binding constraint is that most bills fail because committees choose not to act on them. This pattern of inaction is the standard way that the vast majority of legislation ends without ever reaching a full vote.
Updated July 9, 2026 · Generated by AI. Always verify with official sources.
Where it stands
Now carried by Failed Bank Executives Clawback Act (S. 4050 (119th)) →
Legislative Progress
How we got here
Every bill that has carried this goal, oldest first.
Died with Congress · Jan 3, 2025
Died when the 118th Congress ended without final passage. Bills must be reintroduced under a new number to be revived.
Reintroduced · Jan 3, 2025
Reintroduced from S. 1045 (118th), which died when its Congress ended.
S. 1045 (118th) →
Vehicles
Who’s behind it
Elizabeth Warren (D-MA)Wrote and sponsored the current bill.