Protecting Consumers from Bailouts Act

This bill protects small community banks and their customers by limiting special fees and preventing fee hikes. It prohibits the FDIC from imposing special assessments on banks with under $10 billion in assets and bans these banks from raising customer fees to cover costs from the 2023 Silicon Valley Bank resolution. The bill also requires officers of failing banks to repay incentive-based bonuses if the FDIC steps in as receiver, with a civil penalty of three times the amount for non-repayment. These changes directly affect community banks under $10 billion and their executives, focusing on preventing cost-shifting to consumers and holding leadership accountable.