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Democrats join GOP, banks in pushing back on proposed bank capital rules

Por: MarketWatch Politics September 16, 2023

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The proposal is an attempt to comply with an international agreement called Basel III, which was forged after the 2008 financial crisis in a bid to make the global financial system safer. See also: “I am very concerned about the economic consequences of this rule and its potential impact on our banking institutions as they engage in critical market activity,” Democratic Rep. David Scott of Georgia said during a House Financial Services... + full article



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