Regulatory Recipe for Economic Uncertainty: The Endless Basel Endgame and an... (EventID=117690)

House Financial Services: Subcommittee on Financial Institutions and Monetary Policy · September 26, 2024

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Call to order and procedural housekeeping

Presentation

6:36 → 7:10(34s)

Chairman Barr convened the subcommittee, set rules for recess and explained the hearing title and purpose: to examine the Basel III endgame proposal and other recent regulatory activity. He authorized 5 legislative days for members to submit extraneous material to the record.

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A House Financial Services subcommittee hearing examined the Federal Reserve, FDIC and OCC's July 2023 Basel III "endgame" proposal and related agency rulemaking. Members pressed witnesses on economic impacts, readiness of agency analyses and whether rulemakings should be delayed until more quantitative study and coordination are provided.

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Transcript

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