Fetterman floats work requirements for bailed-out bank executives [View all]
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Fetterman pointed out that Republicans want to increase work requirements for the Supplemental Nutrition Assistance Program (SNAP), which is used by millions of needy families for food access, a provision that was part of the debt ceiling bill the House GOP passed last month.
Fetterman asked the former bank executives, who included former CEO of Silicon Valley Bank Gregory Becker as well as Scott Shay and Eric Howell, former chair and president of Signature Bank, respectively, whether the same type of work requirements should be in place for executives of banks that are given federal assistance as they collapse.
A hungry family has to have these kinds of working requirements, Fetterman said during a Senate Banking Committee hearing Tuesday. Shouldnt you have a working requirement, after we bail out your bank?
The former bank executives did not answer Fettermans question. Sen. Sherrod Brown (D-Ohio), the chairman of the committee, quipped to Fetterman that he didnt see an eagerness on the panel to answer your questions.
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https://thehill.com/homenews/senate/4007070-fetterman-floats-work-requirements-for-bailed-out-bank-executives/
Obviously the banks weren't working or they wouldn't have collapsed.