U.S. Pay Czar Presents Executive Pay Plan to Congress
278 views · Published 29 October 2009 · 2:24 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
A top Treasury Department official has ordered pay cuts for the 25 highest-paid executives at seven companies that received government bail-outs. But he says he doesn't want broader powers to reduce salaries in the rest of the U.S. financial sector. VOA's Laurel Bowman has more.