Basel III Endgame will have ‘unintended consequences’ for every corner of the economy, top economist Randall Kroszner warns – Uptrends

Basel III Endgame will have ‘unintended consequences’ for every corner of the economy, top economist Randall Kroszner warns – Uptrends

  New banking regulations don’t typically generate much interest from the general public. Basel III Endgame (B3E) is a bit different—and it’s not just the catchy, Marvel-esque nickname that’s drawing attention. The nation’s top bankers—as well as numerous conservative lawmakers, industry associations, and lobbyists—have pushed back against B3E, arguing it will be costly for consumers … Read more