washington's capitalregulation plan carries areal cost for:
LOW- AND MIDDLE-INCOME FAMILIES
SMALL BUSINESSES
FARMERS
AMERICANS SAVINGFOR RETIREMENT
WASHINGTON'S CAPITAL REGULATION PLAN
has a steep price tag for Americans at a time when consumers are already stretched thin.
This proposal will increase costs for consumers buying groceries, filling up gas tanks, or paying electricity bills.
WASHINGTON'S CAPITAL
REGULATION PLAN
EXPLAINED.
REGULATION PLAN
EXPLAINED.
30%
More Capital
Washington's capital regulation plan—known as Basel III Endgame—would require banks to maintain nearly 30% more capital, without any justification. This would increase borrowing costs for low- and middle-income Americans.
After hearing widespread concerns, regulators are making changes to the proposal. They need to keep concerns about rising costs for Americans top of mind.
Americans are facing higher prices and geopolitical uncertainty. Now is not the time to saddle families with even higher costs.
WHY IT MAKESZERO SENSE.VIEW ALL
Resources
09.30.24
FSF
Key Takeaways from the Financial Services Forum’s Comments to Regulators on the Basel III Endgame Proposal
Resources
09.27.24
FSF
Capital and the U.S. Economy
Email blasts
09.25.24
Three things to remember ahead of Federal Reserve Vice Chair for Supervision Michael Barr's remarks
News
09.25.24
Banking Dive
Lawmakers fret over capital requirements uncertainty
News
09.18.24
American Banker
Powell: Regulators will 'move as a group' on Basel re-proposal
News
09.18.24
Reuters
Federal Reserve's Powell backs Basel changes, says no date yet for publishing new draft
Email blasts
09.16.24
Meanwhile, across the pond…
Resources
09.13.24
FSF
Basel III Endgame: Where Things Stand
News
09.12.24
Reuters
Details of new US bank capital rules still uncertain with election looming
News
09.10.24
Punchbowl
Fed pitches ‘major’ changes on Basel III
News
09.10.24
Reuters
Fed's Barr unveils sweeping bank capital plan changes after pushback, delays
News
09.10.24
Bloomberg
Fed to Cut Biggest Banks’ Capital Hike by Half in Overhaul
Press Releases
09.10.24
FSF
Forum Comments on Reconsideration of Capital Regulations
News
09.10.24
WSJ
Fed Backpedals on Plan to Increase Big Bank Capital
Email blasts
09.9.24
Three things to consider ahead of Barr's speech tomorrow
Email blasts
09.5.24
One chart you need to see today
Email blasts
08.22.24
Three things to keep in mind about Basel III Endgame ahead of the Jackson Hole Economic Symposium
Email blasts
08.14.24
As August travel peaks post-Olympics, remember that Basel III Endgame threatens to upend transportation prices
Email blasts
08.7.24
GAO report calls for improvement of regulatory analysis
Email blasts
07.29.24
Basel III Endgame will make U.S. less competitive
Email blasts
07.25.24
ICYMI: Another regulator reiterates need for re-proposal of Basel III Endgame
News
07.24.24
POLITICO Pro
FDIC vice chair calls for complete re-do on bank capital proposal
News
07.10.24
The Wall Street Journal
Powell: Significant Progress on Revamped Big-Bank Capital Rules
News
07.10.24
MarketWatch
Fed Chair Powell sees 'broad and material changes' to Basel III endgame
Email blasts
07.9.24
Basel III Endgame revised proposal coming soon
Email blasts
07.9.24
Regulators past and present: Watch out for Basel III Endgame's unintended consequences
News
07.9.24
Bloomberg Government
Powell Says Regulators Are Near a Revamped Bank-Capital Plan (2)
News
07.9.24
Reuters
Powell: 'Essential' that bank regulators re-propose Basel plan
Email blasts
07.2.24
New PwC report finds Basel III Endgame would negatively impact the U.S. economy
Resources
07.2.24
PwC
New PwC report finds Basel III Endgame would negatively impact the U.S. economy
Resources
07.1.24
GAO
GAO report calls for improvement of regulatory analysis
News
06.27.24
Financial Times
Top US banks withstand annual ritual of Federal Reserve ‘stress tests’
News
06.27.24
The Banker
Fed’s stress test results challenge Basel III Endgame standards
Press Releases
06.26.24
FSF
Stress Tests Underscore Capital Strength of Nation’s Largest Banks
Email blasts
06.25.24
Bowman: Basel III Endgame could harm global financial stability
Resources
06.18.24
FSF
Capital Requirements for the Largest U.S. Banks –Separating Fact from Fiction
Email blasts
06.12.24
Bowman: Basel III Endgame could harm global financial stability
Email blasts
06.12.24
Basel III Endgame is bad banking policy
Email blasts
06.12.24
In this economy?
Press Releases
06.10.24
FSF
Basel Changes to Capital Surcharge Calculation Unwarranted
Email blasts
06.5.24
Basel III Endgame would hurt pensioners and retirees
Email blasts
05.29.24
Local voices speak out against Basel III Endgame
Email blasts
05.22.24
Basel III Endgame would slam the brakes on auto sales
Email blasts
05.21.24
81%
Email blasts
05.17.24
Policymakers highlight the impact of Basel III Endgame
Email blasts
05.14.24
Hundreds of stakeholders call on Washington to scrap Basel III Endgame
Email blasts
05.10.24
Basel III Endgame would exacerbate nonbank financial sector risks
Email blasts
05.9.24
Manufacturers can't afford Basel III Endgame
News
05.7.24
American Banker
Banks left in limbo as regulators mull path forward for Basel
Email blasts
05.1.24
Powell reiterates openness to Basel III Endgame re-proposal and importance of implementing rule comparable to foreign jurisdictions
Email blasts
05.1.24
From bakeries to bridal shops: Small businesses would suffer from Basel III Endgame
News
05.1.24
CNBC
‘Basel III’ bank rules could pose unexpected threat to Biden’s green energy plans
Email blasts
04.24.24
Local communities can't afford Basel III Endgame
News
04.19.24
Bloomberg
Sifma CEO Says Basel III Endgame Will Impede Capital Markets
Email blasts
04.18.24
U.S. competitiveness will suffer as a result of Basel III Endgame
Email blasts
04.18.24
Washington Post Ed Board: Basel III Endgame looks backward, not forward
Resources
04.18.24
FSF
Basel III Endgame’s Impact on Municipal Bonds
Email blasts
04.16.24
4 questions that should be raised at the IMF & World Bank Spring Meetings
Email blasts
04.11.24
Former Fed officials weigh in: Basel III Endgame must be reproposed
Email blasts
04.9.24
Farmers will pay the price of Basel III Endgame
Email blasts
04.1.24
Small business owners can't afford Basel III Endgame
Email blasts
03.25.24
Basel III Endgame faces a groundswell of opposition from a diverse coalition of voices
Email blasts
03.22.24
Fed's Barr expects "broad and material changes" to Basel III Endgame
News
03.14.24
CNBC
Green energy projects at risk: Banks team up to fight proposed capital requirement rules
News
03.11.24
CNBC
Green energy projects at risk: Banks team up to fight proposed capital requirement rules
News
03.8.24
POLITICO Pro
OCC chief: Agencies will 'very seriously consider' changes to bank capital proposal
Email blasts
03.7.24
Rethinking Basel III Endgame – Powell hearings signal major rewrite
Press Releases
03.7.24
Another Bill Americans Can't Afford Campaign Launches New Ads During SOTU
News
03.7.24
HousingWire
Powell acknowledges concerns about Basel III bank proposal
News
03.7.24
Banking Dive
Powell eyes ‘broad,’ ‘material’ changes to capital requirements proposal
News
03.7.24
American Banker
Powell: Basel III is not the Fed's answer to Silicon Valley Bank
Videos
03.6.24
FSF
Campaign Launches New Ads During SOTU
Email blasts
03.5.24
Former financial officials question Basel III Endgame
Email blasts
02.29.24
Basel III Endgame will accelerate activity to less regulated, shadow banking sector says Former Fed Governor
News
02.29.24
American Banker
The Basel endgame rule could undermine US financial stability
Press Releases
02.29.24
FSF
ICYMI: Unintended Consequences of Higher Bank Capital Could Lessen U.S. Financial Stability
Resources
02.29.24
FSF
Key Takeaways from Former Fed Governor Randall Kroszner’s White Paper on Basel III Endgame
News
02.27.24
Fortune
SIFMA: Proposed Basel III Endgame new trading capital rules would hobble U.S. banks, capital markets, and the broader economy
Email blasts
02.21.24
ICYMI: Fortune: "Top economist warns of 'unintended consequences' from a banking regulation that will touch every corner of the economy"
News
02.21.24
Fortune
Top economist warns of ‘unintended consequences’ from a banking regulation that will touch every corner of the economy
Email blasts
02.20.24
Farmers can't afford Basel III Endgame
News
02.15.24
American Banker
The Basel III rule would hamstring small businesses like mine
Email blasts
02.12.24
Fed Governor Bowman: Community banks should be concerned about Basel III Endgame
Email blasts
02.7.24
During House Financial Services hearing, Yellen sidesteps Basel III Endgame
Email blasts
02.5.24
Breaking: Re-proposing Basel III Endgame on the table, says Chair Powell
Press Releases
02.5.24
FSF
Forum CEO: Analysis Shows Excessive Cost of Capital Proposal
Email blasts
02.2.24
Big changes to Basel III Endgame needed to address policymaker concerns
News
01.31.24
POLITICO Pro
Regulators face bipartisan Basel III concerns at House hearing
Email blasts
01.30.24
Three ways Basel III Endgame will harm consumers
Email blasts
01.24.24
Setting the record straight on Basel III Endgame
Blogs
01.24.24
FSF
Don’t Confuse Bank Capital and Returns to Investors
News
01.23.24
American Banker
I was a Fortune 500 treasurer; to me, the Basel endgame looks ominous
Email blasts
01.19.24
Week in review: More Americans speak out on Basel III Endgame
Email blasts
01.19.24
5 concerns mayors should have about Basel III Endgame
News
01.18.24
Bloomberg
The Fed Should Hit Pause on Its Capital Endgame
News
01.17.24
Bloomberg Government
Bowman says Fed’s capital plan needs substantive changes
News
01.17.24
Yahoo Finance
Even some Fed officials are now questioning the Fed's new bank capital rules
Email blasts
01.17.24
Bipartisan policymakers call on Fed to consider Basel III Endgame's negative impacts
News
01.17.24
The Bond Buyer
Muni advocates warn of fallout from proposed Basel III capital reforms
News
01.17.24
Yahoo Finance
Even some Fed officials are now questioning the Fed's new bank capital rules
News
01.16.24
Reuters
Big US banks to call on Fed to rewrite contentious bank capital rule
News
01.16.24
Politico Pro
Fed’s Waller – Agencies should start over again on capital proposal
Press Releases
01.16.24
FSF
Press Release: Basel III Endgame proposal would harm American households, businesses, and the broader economy
Email blasts
01.16.24
Fed Governor Waller: Scrap and redo Basel III Endgame
News
01.12.24
Politico Pro
Housing groups warn of reduced mortgage access from Basel proposal
Email blasts
01.11.24
Consumers continue to pay higher prices and Basel III Endgame expected to make it worse
Email blasts
01.11.24
Setting the record straight: Basel III Endgame can't just be tweaked.
Press Releases
01.9.24
FSF
Press Release: Highlighting Concerns on Basel III Endgame
Email blasts
01.9.24
The Fed must go back to the drawing board to prevent unintended consequences of Basel III Endgame
Email blasts
01.4.24
Farmers, pensioners latest to raise concerns about Basel III Endgame
Email blasts
01.2.24
New analysis underscores that the Fed needs to go back to the drawing board on Basel III Endgame
Resources
12.22.23
FSF, ABA, BPI, SIFMA
Associations' Letter Regarding B3E Impact on U.S. GSIBs
Press Releases
12.22.23
FSF
Press Release: Required Bank Capital Increase Would Far Exceed Government Estimates
Resources
12.22.23
FSF
What They're Saying About Basel III: December 2023
Email blasts
12.19.23
The concerns over Basel III Endgame continue to grow…
News
12.18.23
American Banker
Joe Biden’s bank capital proposal will derail economic growth
Press Releases
12.14.23
FSF
ICYMI: Reuters – “UK lenders face smaller impact from Basel rules than rivals”
News
12.13.23
Bloomberg
New Bank Rules Are Bad for the West, Worse for the Rest
News
12.12.23
Reuters
UK lenders face smaller impact from Basel rules than rivals, BoE says
Email blasts
12.11.23
Media coverage shines light on the impact of Washington's proposed capital regulation on consumers and businesses
News
12.7.23
The Washington Post
The racial homeownership gap is widening. New rules might make it worse.
News
12.7.23
Yahoo Finance
New bank rules could push mortgage rates up 30%
Press Releases
12.7.23
FSF
ICYMI: The U.S. economy could face 'a perfect storm' if Basel III Endgame goes into effect
Press Releases
12.6.23
FSF
FSF CEO: Higher Capital Requirements Would Harm "Everybody Across the Economy"
Resources
12.5.23
What They're Saying: Policy Experts, Consumer Groups, and Industry Organizations on the Impact of the Basel III Endgame Proposal
Email blasts
12.5.23
Fromer: Increased capital will harm small businesses, consumers, markets, and the broader economy
Email blasts
12.5.23
Third-parties, local officials, and key stakeholders express concerns over Washington's proposed capital regulation plan
Videos
11.28.23
FSF
Campaign video: Another Bill Americans Can’t Afford
Resources
11.27.23
FSF
Basel III Endgame Capital Requirements Would Handicap Small Businesses
Email blasts
11.21.23
Policymakers and key stakeholders continue to express concerns about Washington's proposed capital regulation plan
Resources
11.17.23
FSF
Basel III Endgame Market-Making Requirement Threatens Liquidity, Economy, and Financial Stability
Videos
11.17.23
FSF
Policymakers express concerns over economic impact of Washington's proposed capital regulation plan
Email blasts
11.15.23
Bank regulators pushed for more transparency on proposed capital regulation plan
Press Releases
11.14.23
FSF
Press Release: The Basel III Endgame Proposal – Separating Fact from Fiction
News
11.14.23
Forbes
What’s the problem, and why is harming banks the solution?
Email blasts
11.14.23
Senate Democrats to regulators: Your proposal will harm my state
Press Releases
11.14.23
Press Release: New TV ad raises awareness of negative economic consequences of Basel III Endgame for Americans
News
11.14.23
Forbes
What’s the Problem, and Why Is Harming Banks the Solution?
Blogs
11.14.23
FSF
True, True, and Irrelevant: Common Fallacies About Current GSIB Capital and Oncoming Requirements
News
11.13.23
Third Way
Don’t ignore small businesses’ capital requirements
News
11.13.23
American Banker
Basel endgame will drive up costs for American farmers and consumers
Email blasts
11.13.23
Policymakers, third parties, and key stakeholders raise concerns about Washington's proposed capital regulation plan
Resources
11.12.23
U.S. Senate Banking Committee GOP Members
U.S. Senate Committee on Banking, Housing, and Urban Affairs: Basel III Banking GOP Letter
Press Releases
11.9.23
FSF
Press Release: Federal Reserve Research Underscores the Illogic of Recent Capital Proposal
Resources
11.9.23
FSF
Basel III Endgame Operational Risk Requirements: The $1.4 Trillion Tax
News
11.7.23
HousingWire
Bank capital requirements would put squeeze on mortgage market
Email blasts
11.7.23
Urban Institute op-ed raises concerns about stricter capital requirements
News
11.7.23
HousingWire
Opinion: Bank capital requirements would put squeeze on mortgage market
News
11.6.23
American Banker
Fed policies continue to batter small businesses
Email blasts
11.3.23
National Fair Housing Alliance raises concerns about how capital restrictions will hurt underserved communities
News
11.2.23
American Banker
Banks ‘flying blind’ without cumulative data on regulatory proposals
Email blasts
11.2.23
Powell hints at changes to the capital requirement plan at FOMC press conference
Email blasts
10.31.23
Fed's proposed capital plan threatens clean energy
News
10.31.23
POLITICO
Biden’s climate fight now has a Fed problem
News
10.31.23
Project Syndicate
When More Financial Regulation Is Not Better
Press Releases
10.27.23
Press release: New campaign will raise awareness of negative economic consequences of Basel III Endgame for everyday Americans
Email blasts
10.27.23
Growing Bipartisan Voices Underscore Economic Risks of Proposed Capital Requirements Rule
Press Releases
10.26.23
Rep. Dan Meuser
House Small Business Subcommittee Urges Review of Basel III Implications On Small Enterprises
Email blasts
10.23.23
In the Media: "Americans Can't Afford It" Campaign Launch
Videos
10.23.23
CNBC
Americans Can't Afford Another Bill campaign pushes back against bank capital requirements hike
News
10.23.23
New York Times
How High Interest Rates Sting Bakers, Farmers and Consumers
Blogs
10.23.23
FSF
Capital Insights: The Coming $1.4 Trillion Tax on Financial Services Provided by Large Banks
Press Releases
10.20.23
FSF
Extensions Don’t Address “Fundamental Concern”
News
10.16.23
National Review
America’s Banks Need Less, Not More, Federal Regulation
Press Releases
10.9.23
FSF
No Evidence to Justify Capital Increases
News
10.4.23
American Banker
BankThink Higher bank capital requirements would harm low-income borrowers most
News
10.4.23
American Banker
FDIC's McKernan questions rationale behind Basel endgame standards
News
09.14.23
POLITICO
The calls are coming from inside the house: Dems rap Biden bank cops
Resources
09.1.23
The Urban Institute
Bank Capital Notice of Proposed Rulemaking
Resources
08.22.23
American Council on Renewable Energy
The Impact of Proposed Bank Regulatory Capital Requirements on Tax Equity Investment in Clean Energy
Resources
07.25.23
NAACP, National Housing Conference, National Urban League
Housing Groups Letter on Bank Capital
Resources
05.4.23
FSF
U.S. vs. European Capital Adequacy - The Increasingly Unlevel Playing Field Unfolding in Basel III Finalization
Resources
11.14.22
FSF
Don’t Paint the House Before Finishing the Roof: Basel III Finalization and the Large Bank Capital Regime
Washington: stop making hardworking Americans pay more to get less.