Sen. Cramer, Colleagues Raise Concerns Over the Basel III Endgame Proposal
December 18, 2023
December 18, 2023
WASHINGTON, Dec. 18 -- Sen. Kevin Cramer, R-North Dakota, issued the following news release:
BISMARCK - U.S. Senator Kevin Cramer (R-ND) joined his colleagues in a letter to Federal Reserve Chair Jerome Powell, Vice Chair Michael Barr, and Acting Comptroller of the Currency Michael Hsu, expressing concerns over the impacts of proposed capital requirements for mortgage loans. The mortgage capital requirements in the Basel III Endgame proposal would increase borrowing costs and hinder . . .
BISMARCK - U.S. Senator Kevin Cramer (R-ND) joined his colleagues in a letter to Federal Reserve Chair Jerome Powell, Vice Chair Michael Barr, and Acting Comptroller of the Currency Michael Hsu, expressing concerns over the impacts of proposed capital requirements for mortgage loans. The mortgage capital requirements in the Basel III Endgame proposal would increase borrowing costs and hinder . . .