RECENT VOTES

Corporate and Financial Institution Compensation Fairness


On Friday, July 31, 2009, the House considered H.R. 3269: Corporate and Financial Institution Compensation Fairness Act. This is part of an ongoing focus on improving our financial services sector. This legislation requires companies that are publicly traded to give shareholders an annual non-binding vote on golden parachutes and top executive compensation packages. It also prohibits financial institutions from providing compensation packages that encourage inappropriate risk-taking, which could lead to financial instability. I voted YES. H.R. 3269 passed and the entire vote is recorded below:

  YEA NAY PRESENT NOT VOTING
DEMOCRAT

235

16

0

4

REPUBLICAN

2

169

0

7

TOTAL

237

185

0

11

MASSACHUSETTS
DELEGATION

9

0

0

1