1. Short title This Act may be cited as the Failed Bank Executives Clawback Act . 2. Clawback Section 8(b) of the Federal Deposit Insurance Act ( 12 U.S.C. 1818(b) ) is amended by inserting after paragraph (8) the following: (9) Clawback (A) Definitions In this paragraph: (i) Covered compensation The term covered compensation means— (I) salary; (II) bonuses; (III) any compensation that is granted, earned, or vested based wholly or in part upon the attainment of any financial reporting measure or other performance metric; (IV) equity-based compensation; (V) time- or service-based awards; (VI) awards based on nonfinancial metrics