Author: fsf

The Consumer Price Index published today finds consumer prices rose again, confirming the economy has still not recovered for many Americans. Reducing access to capital in our financial system by implementing the Basel III Endgame during this critical period of time is expected to make economic conditions worse for consumers.  One thing is clear: Basel III Endgame is a… Continue reading Consumers continue to pay higher prices and Basel III Endgame expected to make it worse

You may have seen an opinion piece in today’s Washington Post arguing that regulators should “ignore” the concerns being raised about Basel III Endgame proposed rule, as only “a few details” may merit reconsideration. This attempt to downplay the significance of the proposed regulation overlooks crucial details. Contrary to what the authors claim, the Basel… Continue reading Setting the record straight: Basel III Endgame can’t just be tweaked.

Today, in response to a question on how regulators were working to minimize the impact on consumers from the Basel III Endgame, Federal Reserve Vice Chair Michael Barr said the Fed and other regulators “…want to make sure there aren’t any unintended consequences… So the public comment that we’re getting on this is really critical for us… Continue reading The Fed must go back to the drawing board to prevent unintended consequences of Basel III Endgame

More Americans are speaking out about the unintended consequences Basel III Endgame might have on farmers, pensioners, and even people saving for retirement. Here is what they are saying: Americans have made their position clear: The Fed needs to go back to the drawing board on Basel III Endgame. 

Recently, multiple stakeholders warned that the impact of Washington’s capital regulation plan—known as Basel III Endgame—has been gravely underestimated. Regulators need to go back to the drawing board to ensure that hard working Americans will not be paying the price for Washington’s proposed capital regulation plan.

Yesterday, 100 House Democrats sent a letter to bank regulators asking them to reevaluate the impact of Washington’s proposed capital regulation plan on green energy investments.  These lawmakers add to a growing list of stakeholders raising concerns about the impacts of Basel III Endgame. Green energy investments is just one item in a long list of potential… Continue reading The concerns over Basel III Endgame continue to grow…