Letters

Lawmakers: Given those fatal problems with your Basel III Endgame proposal, we urge that it be withdrawn.

Renewable energy groups express “profound concern” that proposed capital rules will “derail the clean energy transition.”

“If these standards are adopted, they will have a devastating impact on our efforts to increase Black homeownership and disadvantage all first-time, and in particular, first-generation homebuyers.”

Reps. Andy Barr (R-Ky.) and Bill Foster (D-Ill.) urge Federal Reserve to publicly release the results of its holistic capital review before moving forward with regulations.

“Increasing capital requirements at this moment could put downward pressure on the economy, or make a widely anticipated recession worse if it were to occur. Small businesses don’t need the added challenge of constrained availability of affordable financing, especially at a moment when interest rates are high.”