7 Key Takeaways - HFSC Subcommittee Hearing on Basel III Endgame

The HFSC Financial Institutions and Monetary Policy Subcommittee hosted a hearing on January 31, 2024 titled "Rules Without Analysis: Federal Banking Proposals Under the Biden Administration." These are the seven key takeaways from the hearing highlighting the proposal's severe deficiencies.
The hearing featured the following witnesses:
Mr. Greg Baer, President & Chief Executive Officer, Bank Policy Institute
Mr. Bryan Bashur, Director of Financial Policy, Americans for Tax Reform
Mr. Randall Guynn, Chair, Financial Institutions, Davis Polk
Professor Jeremy Kress, Assistant Professor of Business Law, Stephen M. Ross School of Business, University of Michigan