Congressional Digest

Congressional Digest October 2009 No. 8 Vol. 88
Honorable Bill Posey

Executive Compensation

Regulating the Pay of Top Corporate Managers

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Honorable Bill Posey

United States Representative, Florida, Republican

Representative Posey, of the Fifteenth District of Florida, was first elected to the U.S. House of Representatives in 2008. He served on the Rockledge (Florida) City Council from 1976 to 1986, in the Florida House of Representatives from 1992 to 2000, and in the Florida Senate from 2000 to 2008. He sits on the Financial Services Committee. The following is from the July 31, 2009, House floor debate on H.R. 3269, the Corporate and Financial Institution Compensation Fairness Act. I rise to express my concerns about H.R. 3269, the Corporate and Financial Institution Compensation Fairness Act of 2009, as drafted….

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