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The legislation from a bipartisan group of senators would require regulators to claw back all or part of the compensation bank executives got in the five years leading up to a bank's failure.
Silicon Valley Bank failed earlier this month after a sudden run on deposits, prompting regulators to seize control and sparking global fears about the sector.
Following the collapse of Silicon Valley Bank, many people are wondering - is my money safe?
Following the collapse of Silicon Valley Bank in early March, many people are wondering if their money is safe. WBZ-TV's Kristina Rex reports.
Sen. Elizabeth Warren's St. Patrick's Day breakfast jokes touched on Federal Reserve Chair Jerome Powell and the Silicon Valley Bank collapse.
Warren told "Face the Nation" that lifting the FDIC insurance cap is a "good move."
The parent of Silicon Valley Bank filed for Chapter 11 bankruptcy a week after it failed and was seized by the government.
The fallout from this may force larger banking institutions to second guess lending to tech companies.
The fallout from this may force larger banking institutions to second guess lending to tech companies. WBZ-TV's Mike Sullivan reports.
WBZ-TV's Nick Giovanni reports.
The bank was seized by the FDIC last week.
All deposit accounts at Silicon Valley Bank and Signature Bank in New York will be guaranteed, the Federal Reserve, Treasury Dept. and FDIC said in a joint statement.
It's the largest bank failure since 2008. WBZ-TV's Tammy Mutasa reports.
In a year-end interview with WBZ-TV, Gov. Maura Healey had a message for the handful of Massachusetts communities that designate themselves as "sanctuary" cities for immigrants: "We are not a sanctuary state."
Alleged drone sightings have been multiplying exponentially, with more than 5,000 reported in the past few weeks. But experts say the majority of reports about unusual lights in the sky are probably anything but drones.
Jayson Tatum scored a season-high 43 points, grabbed 16 rebounds and dished out 10 assists for his third career triple-double and the Boston Celtics beat the Chicago Bulls 123-98 on Saturday night.
Morgan Geekie scored a tiebreaking, power-play goal with 1:45 left in regulation, and the Boston Bruins beat Buffalo 3-1 on Saturday night, sending the Sabres to their 13th straight loss.
Holiday shoppers his the malls on Saturday to get last-minute gifts and a little bit of holiday cheer.
We're really not asking for much from the New England Patriots this holiday season, just to look like an actual NFL team over the final three weeks of the season.
In a year-end interview with WBZ-TV, Gov. Maura Healey had a message for the handful of Massachusetts communities that designate themselves as "sanctuary" cities for immigrants: "We are not a sanctuary state."
Holiday shoppers his the malls on Saturday to get last-minute gifts and a little bit of holiday cheer.
Alleged drone sightings have been multiplying exponentially, with more than 5,000 reported in the past few weeks. But experts say the majority of reports about unusual lights in the sky are probably anything but drones.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
Minnesota Vikings legend Randy Moss will step away from his broadcasting role at ESPN "to focus on a personal health challenge," the network announced Friday.
If beauty products are on your Christmas list this year, one Massachusetts doctor is urging you to check labels for ingredients that may be hazardous to your health.
Jon Keller says an unholy union of clever tech and cultural dreck have turned brain rot into a global plague.
Minnesota Vikings legend and NFL Hall of Famer Randy Moss said he is "battling something internal" and asked for prayers on Sunday.
A new program in Boston is trying to improve the labor and delivery experience for expectant Black mothers and mothers of color, who often find their voices aren't always heard by hospital staff.
If you carry a credit card balance, beware. You'll be paying a lot more for those Christmas gifts due to rising interest rates.
A family visiting Boston left behind a videotape with precious memories in their rental car.
A Cape Cod woman reached out to the I-Team's Call for Action after struggling to get her health insurance provider to approve an overnight hospital stay for a major surgical procedure.
Detective Lieutenant Brian Tully was disciplined for failing to supervise investigators who sent inappropriate text messages during Karen Read's investigation.
WBZ-TV's I-Team has uncovered a third attempted land grab by thieves in Massachusetts, this time in West Yarmouth.
In a year-end interview with WBZ-TV, Gov. Maura Healey had a message for the handful of Massachusetts communities that designate themselves as "sanctuary" cities for immigrants: "We are not a sanctuary state."
How do you keep political drama from poisoning important relationships during the holidays?
Consumers haggle over the price of big-ticket items like homes and cars. So should they also bargain over the cost of college tuition?
Jon Keller says an unholy union of clever tech and cultural dreck have turned brain rot into a global plague.
Boston City Councilor Ed Flynn joined WBZ-TV this week for a one-on-one interview for Sunday's "Keller At Large."
Holiday shoppers his the malls on Saturday to get last-minute gifts and a little bit of holiday cheer.
A romance bookstore - the first in the Boston area - has opened its doors in Cambridge, giving fans of the genre the chance to revel in romantic reads.
Ocean State Job Lot announced this week it is taking over another Christmas Tree Shops location, this one in North Attleboro.
Massachusetts is getting closer to allowing pot cafes and other sites for social marijuana consumption.
Bertucci's has closed its Swampscott restaurant, leaving only 15 locations in Massachusetts.
Host Rachel Holt talks with their CEO about their distinct connection to Newport and what sets them apart as a "brewstillery."
Newport's Castle Hill Inn is one of the area's most coveted destinations offering visitors spectacular views, luxurious accommodations, and unique dining experiences.
Founded in 2014 with a mission of preserving, celebrating and sharing automotive history, the Audrain Automobile Museum is a must-stop destination for both car enthusiasts and Newport visitors alike.
Host Rachel Holt joins Prezza Mixologist Craig Carpenter in Boston's North End for a hot new twist on a classic cocktail that's bound to be the next big hit.
Chef Delphin Gomes joins host Rachel Holt in the test kitchen to show off his latest creations and the art of merging design with chocolate.
Jayson Tatum scored a season-high 43 points, grabbed 16 rebounds and dished out 10 assists for his third career triple-double and the Boston Celtics beat the Chicago Bulls 123-98 on Saturday night.
Morgan Geekie scored a tiebreaking, power-play goal with 1:45 left in regulation, and the Boston Bruins beat Buffalo 3-1 on Saturday night, sending the Sabres to their 13th straight loss.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
The NBA fined the Boston Celtics coach $35,000 on Saturday "for aggressively pursuing and directing inappropriate language toward a game official" at the end of his team's loss to the Chicago Bulls on Thursday night.
The New England Patriots will not have Marcus Jones for Sunday's game against the Bills.
A dog trainer in Massachusetts managed to create the perfect "dog nativity scene" that's going viral on social media.
Good Samaritans came to the rescue of a 20-year-old blind cat who was seen floating on a piece of ice in Westford.
The Mount Washington Observatory shared photos of staff members hanging ten on "rime ice" formations.
A unique ATM tree in Greenfield, Massachusetts was hit by thieves in a heist.
An "odd couple" at an Animal Rescue League shelter in Boston is looking for a new home together.