Bank regulators pushed for more transparency on proposed capital regulation plan

Today, the House Financial Services Committee echoed their Senate colleagues in voicing concerns to federal banking regulators about Washington’s proposed capital regulation plan. The committee’s Democratic members noted that the plan would negatively impact small businesses, lower- and middle-income Americans’ ability to access loans, and the clean energy transition: Rep. David Scott (D-GA) argued that the proposed changes to… Continue reading Bank regulators pushed for more transparency on proposed capital regulation plan

Senate Democrats to regulators: Your proposal will harm my state

This morning in front of the Senate Committee on Banking, Housing, and Urban Affairs, federal banking regulators faced questions and concerns from a bipartisan group of senators on the negative impacts of Washington’s proposed capital regulation plan. The committee’s Democratic senators argued that the plan would negatively impact small businesses, lower- and middle-income Americans’ ability to access loans,… Continue reading Senate Democrats to regulators: Your proposal will harm my state

Policymakers, third parties, and key stakeholders raise concerns about Washington’s proposed capital regulation plan

The impact of the proposed increases in capital requirements for banks continues to garner nationwide attention. Policymakers, third parties, and key stakeholders are warning of the potential negative consequences Washington’s capital regulation plan will have on Americans’ ability to run their small businesses, get a loan, or secure a mortgage. Below is what people are saying: Third… Continue reading Policymakers, third parties, and key stakeholders raise concerns about Washington’s proposed capital regulation plan