Senate Panel To Review Proposals For Bank Capital Hike

Law360, New York (November 7, 2012, 5:48 PM EST) -- The Senate Banking Committee said Wednesday that it will grill regulators next week on proposals for increasing bank capital levels that critics say will harm community banks by forcing them to pull back on mortgage lending.

Representatives of the Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. will appear before the Senate committee to discuss the implementation of the Basel III international banking accords, which were folded into the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act....
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