FDIC Vice Chairman Hoenig Issues Statement on Interagency Proposed Rule Board Approval
August 22, 2017
August 22, 2017
WASHINGTON, Aug. 22 -- The Federal Deposit Insurance Corporation issued the following statement by Vice Chairman Thomas M. Hoenig on the board approval of an interagency proposed rule related to the retention of certain existing transition provisions for banking organizations not subject to the advanced approaches capital rules:
"I strongly support the prudential banking agencies' proposal to freeze the phase-in of the Basel 3 capital rules for community banks. Community banks . . .
"I strongly support the prudential banking agencies' proposal to freeze the phase-in of the Basel 3 capital rules for community banks. Community banks . . .