Incentivizing Safe and Sound Banking Act
119-HR-7887119th CongressIntroduced Mar 9, 2026Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Financial Services.
Sponsor
Rep. Waters, Maxine [D-CA-43](D-CA-43)Summary
Incentivizing Safe and Sound Banking Act
This bill allows the Federal Deposit Insurance Corporation to, during cease-and-desist proceedings for unsafe or unsound practices in an institution, prohibit the sale of stock in a bank or holding company by an officer or director of the bank or any bank-affiliated party who received stock as compensation. Further, the bill automatically prohibits the sale of such stocks by senior executive officers at large banks if the bank receives a certain risk management rating or if the bank is under an unresolved supervisory notice issued by a banking regulator.
Actions (3)
Referred to the House Committee on Financial Services.
Mar 9, 2026House floor actions
Introduced in House
Mar 9, 2026Library of Congress
Introduced in House
Mar 9, 2026Library of Congress