Bank CEOs Confirm to Hagerty That Basel Endgame Proposed Regulations Would Hurt American Economy, Small Businesses, and Home Borrowers
December 06, 2023
December 06, 2023
WASHINGTON, Dec. 6 -- Sen. Bill Hagerty, R-Tennessee, issued the following news release:
United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee, today in a hearing elicited confirmation from top U.S. bank CEOs that, despite claims to the contrary by federal regulators, the Federal Reserve's Basel Endgame Proposal would have a significant negative impact on the American banking sector by both harming banks' ability to lend to small businesses and consumer . . .
United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee, today in a hearing elicited confirmation from top U.S. bank CEOs that, despite claims to the contrary by federal regulators, the Federal Reserve's Basel Endgame Proposal would have a significant negative impact on the American banking sector by both harming banks' ability to lend to small businesses and consumer . . .