The Corporate and Financial Institution Compensation Fairness Bill (HR 3269) - which will, inter alia, provide shareholders of public companies with an advisory vote on remuneration - was passed in the House of Representatives by 237 votes to 185 last Friday. The Bill was received in the Senate on Monday, read twice, and referred to the Committee on Banking, Housing and Urban Affairs. For further information and comment see this report from the Washington Post and this report from the New York Times. A summary of the Bill is available here. The record of debate in the House is available here.
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