GSIB Disclosures, ID-Requirements Clarification Bills Set for Mark-Up
Ahead of its mark-up on Wednesday, HFSC’s memo indicates two bills of note from progressive Democrats will be considered. Rep. Pressley’s (D-MA) H.R. 3948 would require GSIBs to report annually on matters now largely kept confidential.
Regulators to White House: Steady as We Go
In the readout just released by the White House, U.S. financial regulators are said to have told the President that, consistent with their many public statements, the financial system is sound thanks to bank capital-and-liquidity standards.