Push For Bank Capital Hike Has 'Damaged' Fed, Quarles Says

[Gunnar Larson]

Push For Bank Capital Hike Has 'Damaged' Fed, Quarles Says
<https://www.law360.com/capitalmarkets/articles/1824167?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-11&read_main=1&nlsidx=0&nlaidx=4>

By Jon Hill

Federal regulators' Basel III endgame proposal to raise big-bank capital
requirements has "damaged" the reputation of the Federal Reserve and cannot
be salvaged just by watering it down, the central bank's former bank
regulatory chief said Wednesday.

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