Warren Slams Powell for Inaction on Executive Pay, "Disdain For the Law and the American Public"
July 25, 2024
July 25, 2024
WASHINGTON, July 25 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release:
In a new letter this week, U.S. Senator Elizabeth Warren (D-Mass.) criticized Federal Reserve Chair Jerome Powell for his continued inaction on addressing out-of-control compensation for bank executives--inaction which has enabled CEOs of the country's largest banks to gamble with their bank's finances and risk the stability of the American economy. The letter follows Senator . . .
In a new letter this week, U.S. Senator Elizabeth Warren (D-Mass.) criticized Federal Reserve Chair Jerome Powell for his continued inaction on addressing out-of-control compensation for bank executives--inaction which has enabled CEOs of the country's largest banks to gamble with their bank's finances and risk the stability of the American economy. The letter follows Senator . . .