Tillis Leads Senate Republicans in Demanding Fed's Transparency on Capital Requirement Changes
July 26, 2023
July 26, 2023
WASHINGTON, July 26 -- Sen. Thom Tillis, R-North Carolina, issued the following news release and letter:
Senator Thom Tillis recently led all Republican members of the Senate Banking Committee in sending a letter to Federal Reserve Chair Jerome Powell calling for transparency regarding the upcoming consideration of capital requirement changes borne out of Vice Chair Michael Barr's "holistic review."
While portions of Barr's plan for new capital requi . . .
Senator Thom Tillis recently led all Republican members of the Senate Banking Committee in sending a letter to Federal Reserve Chair Jerome Powell calling for transparency regarding the upcoming consideration of capital requirement changes borne out of Vice Chair Michael Barr's "holistic review."
While portions of Barr's plan for new capital requi . . .