Sen. Warren Urges Fed Chair to Uphold Banking Regulations

Tuesday, 18 June 2024, 12:15

Sen. Warren cautions Fed Chair Powell on potential consequences of weakening banking regulations. Bank CEOs concerned with Basel III Endgame capital increases impacting industry lending practices.
CNBC
Sen. Warren Urges Fed Chair to Uphold Banking Regulations

Sen. Warren Warns Fed Chair on Banking Regulations

Senator Warren has expressed concerns to Fed Chair Powell regarding the impact of loosening banking regulations.

Industry Reaction to Basel III Endgame

Bank CEOs are apprehensive about the aggressive nature of Basel III Endgame capital requirements, which may lead to reduced lending activities.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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