More expensive and fewer loans for families and businesses
Slower U.S. economic growth
Disruptions to key financial markets
Increasing financial risk by pushing activity outside of the regulated sector
Reduced U.S. economic competitiveness
“Increased capital requirements can negatively impact economic growth by raising the cost of lending and reducing the availability of financing for corporations and consumers.”
PwC, Basel III Endgame: The next generation of capital requirements, April 2023
“Capital and liquidity levels at our largest, most systemically important banks are at multi-decade highs.”
Federal Reserve Chair Jay Powell, January 2022
The Latest News
Senator Jerry Moran: “From a Kansas soybean farmer to some of the world’s largest airlines, end users of derivatives will all be impacted by these proposed capital requirements.”
“It’s the equivalent of making Kansas City Chiefs all-world quarterback Patrick Mahomes run laps since New York Jets quarterback Zach Wilson threw an interception at the end of the game on Sunday.”
“We urge you to withdraw the Basel III Endgame proposal as written and urge the Federal Reserve, the FDIC, and the OCC to operate in a more transparent and justified manner.”
The nation’s largest banks are strong and resilient, with significant capital that helps ensure they can support the economy in times of stress.
In the past two decades, the nation’s largest banks have greatly increased both the quantity and quality of capital – a cushion that helps banks absorb losses and continue to serve clients, customers, and communities. They have nearly tripled their common equity tier 1 capital, the highest quality of regulatory capital. They have also taken a number of other measures to build resiliency.
A Solution Looking
for a Problem
In the past two decades, the nation’s largest banks have greatly increased both the quantity and quality of capital – a cushion that helps banks absorb losses and continue to serve clients, customers, and communities. They have nearly tripled their common equity tier 1 capital, the highest quality of regulatory capital. They have also taken a number of other measures to build resiliency.
An Initiative From
