US regulators mulling bid to limit bonuses for Wall Street execs, WSJ reports (Reuters) -U.S. banking regulators are planning to revive a proposal that would require big banks to defer executive compensation and claw back more of their bonuses if losses pile up, the Wall Street Journal reported on Friday. Six agencies, including the Federal Deposit Insurance Corp (FDIC) and the Office of the Comptroller of the Currency (OCC), are involved in developing the plan, the report said, adding that the measure could be proposed in the coming days. The Federal Reserve is not involved in drafting the proposal, the report said. Executive pay on Wall Street has long been a hot-button issue, with critics pushing for restrictions and arguing for more stringent clawback provisions. The FDIC, the OCC and the Fed declined to comment on the report, when contacted by Reuters. (Reporting by Niket Nishant in Bengaluru; Editing by Devika Syamnath) « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Key Fed inflation measure rose 2.8% in March from a year ago, more than expected READ MORE More Americans are falling behind on credit card bills READ MORE Treasury yields drop after cool monthly consumer inflation data READ MORE Summer Oil Spike Looms, Morgan Stanley StrategistAlerts READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment