Last week, the opposition to Basel III Endgame continued to grow and generate headlines. These pieces highlight the impact the proposal would have on first-time homebuyers, small businesses, clean energy, and more. Below is a sampling of the coverage:

• TIME Magazine points to unprecedented consensus formed against the proposal: "Of the 356 substantive comment letters sent to regulators, 347 of them were negative. And, of those naysayers, almost 9-in-10 came from voices outside of the banking sector, according to an analysis from a law firm keeping close tabs on the proposal."
• Speaking with CNBC on the harm Basel III Endgame would have on clean energy investment, Gallaudet University COO Dominic Lacy said: "If we didn't have access to that tax credit we would have had to figure out a different way to replace the infrastructure and it would have been incredibly difficult. We would not have been able to move as quickly as we did and quite frankly, I don't know that we would have been able to replace our energy at the scale in which we did." 
• The Financial Times highlights the Fed's comments on changes to Basel III Endgame: "Jay Powell, the central bank’s chair, said earlier this month that 'broad and material changes' are likely and acknowledged concerns that, in their current guise, the rules could undermine competition in the banking sector. He has not ruled out a re-proposal of the rule."

Basel III Endgame has serious costs that threaten to undermine American small businesses, clean energy, and affordable housing. Regulators need to scrap this proposed rule and start over.