Senator Calls Out Execs and Regulators Amid Bank Crisis: ‘Not Doing Their Job’

Sen. Jon Tester (D-Mont.) questioned panelists at a Senate hearing Thursday about bank executives taking bonuses while running failing institutions. As executives allegedly shirked their responsibilities to keep banks and the banking sector stable, Tester told the Senate Banking Committee hearing that regulators and law enforcement should hold the responsible parties accountable for the current bank crisis.

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