Center for American Progress

Gutting Wall Street capital requirement would be reckless
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Gutting Wall Street capital requirement would be reckless

Gregg Gelzinis encourages regulators and policymakers to resist pressure to reduce Wall Street's capital buffers, including a requirement known as the G-SIB surcharge.

Over the past several months, Trump-appointed financial regulators have advanced many proposals that would roll back important financial stability measures put in place following the devastating 2007-2008 financial crisis. Emboldened by these recent victories, Wall Street banks and conservative policy makers in Congress are pressing regulators to water down yet another element of the post-crisis capital framework.

The above excerpt was originally published in MarketWatch. Click here to view the full article.

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Gregg Gelzinis

Associate Director