Rep. David Scott Urges President Biden to End FDIC Delays Regarding Basel III Capital Rules Proposal
November 15, 2024
November 15, 2024
WASHINGTON, Nov. 15 -- Rep. David Scott, D-Georgia, issued the following news release:
Today, Congressman David Scott (GA-13), Ranking Member of the House Agriculture Committee and senior member of the House Financial Services Committee, sent a letter to President Biden requesting his immediate assistance to end Federal Deposit Insurance Corporation (FDIC) board delays regarding Basel III endgame negotiations.
"Weeks of delays have prevented our prudential banking . . .
Today, Congressman David Scott (GA-13), Ranking Member of the House Agriculture Committee and senior member of the House Financial Services Committee, sent a letter to President Biden requesting his immediate assistance to end Federal Deposit Insurance Corporation (FDIC) board delays regarding Basel III endgame negotiations.
"Weeks of delays have prevented our prudential banking . . .