The concerns over Basel III Endgame continue to grow…
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 harms to the economy for:
- Savers, pensioners, and retirees
- Farmers
- Small businesses
- First-time home buyers
- Low-income borrowers
As pressure continues to mount on regulators to reexamine its proposed capital regulation plan, one thing has become abundantly clear: Americans can't afford it.