U.S. President Joseph R. Biden urged Congress to "impose tougher penalties for senior bank executives whose mismanagement contributed to their institutions failing." He is expected to announce Administration actions to address the financial fallout of the recent bank failures today.
News & Insights
2 News Results
The Office of Management and Budget outlined best practices for the implementation of Section 6 (Fairness in Administrative Enforcement and Adjudication) of an Executive Order providing regulatory relief for entities economically impacted by COVID-19.