House Lawmakers Introduce Bill Mandating Annual CEO Pay, Climate, and AI Disclosures for Major U.S. Banks
The GSIB Act is currently pending before the House Committee on Financial Services, where it must pass a committee vote before moving to the full House floor. If enacted, the legislation would force the nation's largest banks to publicly justify their executive pay scales and disclose the financial risks they face from climate change and artificial intelligence.
Feb 10
House Financial Services Committee Begins Review of Major Bank Disclosure Bill
The legislation was referred to the House Committee on Financial Services for initial review.
Rep. Pressley introduces bill mandating transparency disclosures for major U.S. banks
Representative Pressley announced the bill's introduction, stating it aims to support investor interests and increase transparency for major financial institutions.
I’m proud to introduce the Greater Supervision in Banking Act to support the interests of investors & hold big banks acc