Kennedy, Scott, Banking Republicans renew push for regulators to abandon Basel III Endgame proposal
January 17, 2024
January 17, 2024
WASHINGTON, Jan. 17 -- Sen. John Kennedy, R-Louisiana, issued the following news release:
MADISONVILLE, La. - Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, joined Sen. Tim Scott (R-S.C.) and all Senate Banking Republicans in urging regulators to withdraw the Basel III Endgame Proposal, which would raise bank capital requirements.
Kennedy joined colleagues in urging regulators to discard the proposal in November. In the initial letter, senators rai . . .
MADISONVILLE, La. - Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, joined Sen. Tim Scott (R-S.C.) and all Senate Banking Republicans in urging regulators to withdraw the Basel III Endgame Proposal, which would raise bank capital requirements.
Kennedy joined colleagues in urging regulators to discard the proposal in November. In the initial letter, senators rai . . .