President Biden Urges Congress to Toughen Penalties for Executives of Failed Banks

President Joe Biden recommended that executives of failed banks should beryllium banned from moving successful the banking assemblage again. The White House released a plan to clasp elder absorption much accountable erstwhile their fiscal institutions illness and participate Federal Deposit Insurance Corporation (FDIC) receivership. In addition, the medication urged Congress to marque it easier for national regulators to punish slope executives erstwhile they prosecute su...