The Impact of the Basel III Endgame on US Capital Markets: A Video Blog

Prudential rules have made the financial system safer and stronger. In fact, recent studies have found capital levels in the US banking system are optimal – balancing financial stability with economic growth. Further increases, including those being considered with Basel III Endgame reforms, will have significant economic costs, particularly on US capital markets. Policymakers should consider the totality of prudential reforms and work toward a level of bank capital that provides a substantial margin of safety without impairing economic growth, lending and capital markets activities.

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