CNBC’s Jacob Pramuk observes that this bill “has little shot of getting through the GOP-held Senate and could face resistance in the business world.”
This bill doesn’t have any cosponsors in the current Congress, nor did it have any last Congress. It also didn’t receive a committee vote in the 115th Congress.
Corporate executives aren’t always fully aware of everything their employees are doing on a company’s behalf (for example, the Wells Fargo CEOs weren’t aware of the bank’s employees’ fake account creation scheme). In such cases, it’d be unfair to punish executives for the actions of a company’s employees.