Biden Seeks Tougher Penalties on Executives of Banks That Fail [1]https://www.bloomberg.com/news/articles/2023-03-17/biden-seeks-tough er-penalties-on-executives-of-banks-that-fail President Joe Biden urged Congress to approve measures enacting tougher punishments on banking executives whose actions contributed to their institutions failing, following the collapse of regional banks. References 1. https://www.bloomberg.com/news/articles/2023-03-17/biden-seeks-tougher-penalties-on-executives-of-banks-that-fail