Bowman: Capital Rules for the Real Economy | Metals Mine

  • Bowman: Capital Rules for the Real Economy

    From federalreserve.gov

    Good morning. It's good to be here with you at the Cato Institute to discuss our approach to bank capital requirements.1 Capital requirements form the foundation of our prudential regulatory framework, and in the coming weeks we will propose rules to implement the final phase of Basel III in the United States. These changes to the capital framework eliminate overlapping requirements, right-size calibrations to match actual risk, and comprehensively address long-standing gaps in our prudential framework. The result is more efficient regulation and banks that are better positioned to support economic growth, while ... (full story)

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