End DED Act

House Bill

H.R. 4200

119th Congress

End DED Act

In Committee

Introduced:Jun 26, 2025

Primary Sponsor

Chip Roy

Representative

Republican

TX-21

Cosponsors

0

Quick Stats

Policy Area

Finance and Financial Sector

Summary

This bill requires large financial companies to hold onto a portion of their senior employees' pay and put it in a special fund. This fund would be used to pay any fines or penalties the company receives, or to repay customers if the company goes out of business. If the company doesn't have to use the fund, the employees would eventually get their deferred pay back.

Latest Action

Referred to the House Committee on Financial Services.

SponsorChip Roy (R-TX)

Introduced6/26/2025

StatusReferred to the House Committee on the Judiciary.

ChamberHouse

Data from Congress.gov

See this page through your district lens

Enter ZIP to personalize representatives and vote context.

Stay on top of this issue

Subscribe for weekly bill and representative updates.

Vote Prediction

End DED Act

This bill requires large financial companies to hold onto a portion of their senior employees' pay and put it in a special fund. This fund would be used to pay any fines or penalties the company receives, or to repay customers if the company goes out of busine

Community Breakdown

Pass

0%

Fail

0%

0 predictions

This bill requires large financial companies to hold onto a portion of their senior employees' pay and put it in a special fund. This fund would be used to pay any fines or penalties the company receives, or to repay customers if the company goes out of business. If the company doesn't have to use the fund, the employees would eventually get their deferred pay back.

Bill Number: 4200
Sponsor: Chip Roy (R-TX)
Introduced: 6/26/2025
Status: Referred to the House Committee on the Judiciary.
Policy Area: Finance and Financial Sector

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: End DED Act
Bill Number: 4200
Sponsor: Chip Roy (R-TX)
Status: Referred to the House Committee on the Judiciary.
Introduced: 6/26/2025
Summary: This bill requires large financial companies to hold onto a portion of their senior employees' pay and put it in a special fund. This fund would be used to pay any fines or penalties the company receives, or to repay customers if the company goes out of business. If the company doesn't have to use t

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill requires large financial companies to hold onto a portion of their senior employees' pay and put it in a special fund. This fund would be used to pay any fines or penalties the company receives, or to repay customers if the company goes out of business. If the company doesn't have to use the fund, the employees would eventually get their deferred pay back.

Last updated: 12/30/2025

Official Summary

Congressional Research Service summary

Fostering Accountability In Remuneration Fund Act of 2023 or the FAIR Fund Act of 2023 This bill requires large financial institutions to defer part of senior employees' compensation and deposit the deferred compensation in a fund established by the institution. This fund must be used to pay civil or criminal fines levied against the institution or, if the institution is a bank or credit union, to make depositors whole in the event of a failure. If sufficient funds exist at the end of a specified period of time, senior employees must receive their deferred compensation.

Key Points

Main provisions of the bill

Senior employees at large financial companies must have part of their compensation deferred and put into a special fund
The fund can only be used to pay fines or penalties against the company, or to repay customers if the company fails
If the company doesn't have to use the fund, the deferred compensation is returned to the senior employees

How This Impacts Americans

Potential effects on citizens and communities

This bill would primarily impact senior executives at large banks, investment firms, and other major financial institutions. It aims to hold these leaders more accountable by tying their personal compensation to the company's misconduct or failure. This could incentivize them to be more responsible and prevent risky behavior that could harm customers and the broader economy.