Excerpt: Today, as part of its push for comprehensive regulatory reform, Treasury delivered draft 'say-on-pay' legislation to Congress that would require all publicly traded companies to give shareholders a non-binding vote on executive compensation packages. Say-on-pay legislation ? which was co-sponsored by then-Senator Obama in 2007 and also passed the House that year ? would encourage greater accountability and better disclosure in setting compensation. The Administration is eager to support Chairman Dodd and Chairman Frank ? both long-time advocates for say-on-pay ? as they begin consideration of this legislation[.]  MORE >>