Sen. Moran, Rep. Nunn Caution Federal Regulators on Harmful Impacts of Proposed Banking Regulations
January 23, 2024
January 23, 2024
WASHINGTON, Jan. 23 -- Sen. Jerry Moran, R-Kansas, issued the following news release:
U.S. Senator Jerry Moran (R-Kan.) and U.S. Representative Zach Nunn (R-Iowa) led their colleagues in cautioning federal regulators on the harmful impact the proposed Basel III Endgame regulations would have on agriculture and energy industries.
"We have concerns that the GSIB Surcharge Proposal and the Basel III Endgame Proposal will generate disincentives for prudent risk managem . . .
U.S. Senator Jerry Moran (R-Kan.) and U.S. Representative Zach Nunn (R-Iowa) led their colleagues in cautioning federal regulators on the harmful impact the proposed Basel III Endgame regulations would have on agriculture and energy industries.
"We have concerns that the GSIB Surcharge Proposal and the Basel III Endgame Proposal will generate disincentives for prudent risk managem . . .