Biden Holds Failed Bank Management to Responsibility

Biden calls failed bank executives accountable – CBS News

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President Biden asked Congress on Friday to give regulators the power to impose tougher penalties on senior executives who may have mismanaged the finances of failed financial institutions. CBS News Chief White House Correspondent Nancy Cordes has an update.

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Written by Natalia Chi

Chicago Popular; Chicago breaking news, weather and live video. Covering local politics, health, traffic and sports for Chicago, the suburbs and northwest Indiana.

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