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Curtailing Executive Overcompensation Legislation by Sen. Whitehouse Analyzed

Bailey Malota

WASHINGTON, July 21 -- The Curtailing Executive Overcompensation (CEO) Act, originally introduced by Sen. Sheldon Whitehouse, D-Rhode Island, on July 16, 2026, has been analyzed by the Congressional Research Service. This legislation aims to impose an excise tax on companies that pay chief executive officers excessively high wages compared to their average employee salaries, seeking to address income inequality within large corporations.

The CEO Act is designed in response to growin . . .

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