Federal Reserve governors share Basel III Endgame suggestions

After countless calls from the financial sector for the Federal Reserve to reconsider implementing its Basel III Endgame framework in its current state, the industry may be on the verge of getting what it wished for. Fed Board Vice Chair for Supervision Michael Barr and Fed Gov. Michelle Bowman described some of the revisions under consideration with respect to the Fed’s controversial capital standards proposal during separate speaking engagements in Washington, D.C.