Powell: Fed is reviewing Basel III, supplemental leverage ratio rules
During a second straight day of testimony on Capitol Hill, Federal Reserve Chair Jerome Powell said the central bank is reviewing the Basel III rules (also known as the “Basel Endgame”), which would significantly increase bank capital requirements and could impact the mortgage industry, if implemented. Powell’s statement comes as the Fed prepares to vote […]
Powell: Fed is reviewing Basel III, supplemental leverage ratio rules Read More »
