To limit compensation to officers and directors of entities receiving emergency economic assistance from the Government, and for other purposes.
Limit Executive Compensation Abuse Act - Limits the annual compensation of any employee of a financial institution or other entity that receives funds under the Troubled Asset Relief Program (TARP) established under the Emergency Economic Stabilization Act of 2008 to the amount of compensation paid to the President of the United States.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsor introductory remarks on measure. (CR H881)
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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