Author: fsf

On the heels of last week’s Senate Banking Committee hearing with the CEOs of the nation’s largest banks, key media outlets highlighted the negative consequences Washington’s proposed capital regulation will have on American consumers, homebuyers, and businesses. Here is what they are saying:

Today, Kevin Fromer, President and CEO of the Financial Services Forum, spoke on Bloomberg TV about the negative impacts of Washington’s capital regulation plan, which will be an important part of tomorrow’s Senate Banking hearing with the CEOs of the nation’s largest banks. Kevin’s comments are a part of a growing number of local and national voices urging… Continue reading Fromer: Increased capital will harm small businesses, consumers, markets, and the broader economy

Ahead of tomorrow’s Senate Banking Committee hearing with the chief executive officers of national banks, I wanted to bring to your attention the continued reaction from a variety of stakeholders across the country, warning of negative consequences from Washington’s capital regulation plan. From how this rule will impact American homebuyers to small businesses and consumers,… Continue reading Third-parties, local officials, and key stakeholders express concerns over Washington’s proposed capital regulation plan

National attention to proposed increases in capital requirements for banks continues to grow as more stakeholders warn of the plan’s negative consequences on American businesses, homebuyers, and consumers. Below is what people are saying: Rep. Jim Himes (D-CT) argued that banking regulators are not clear on the need for extensive capital increases: “You’re sensing and hearing… Continue reading Policymakers and key stakeholders continue to express concerns about Washington’s proposed capital regulation plan