Massachusetts Senator Elizabeth Warren introduced legislation Wednesday that would make it easier to imprison corporate executives whose companies commit crimes or “harm large numbers of Americans through civil violations.”
“Corporations don’t make decisions, people do, but for far too long, CEOs of giant corporations that break the law have been able to walk away, while consumers who are harmed are left picking up the pieces,” the 2020 Democratic presidential contender said in a statement.
Are found liable or enter a settlement with any state or federal regulator for the violation of any civil law if that violation affects the health, safety, finances, or personal data of 1% of the American population or 1% of the population of any state;
Under Warren’s bill, punishment for a first offense would be “up to one year” of jail-time. A second offense would carry up to three years in prison.
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