Could Overhaul of Big Bank Capital Rules Spark a Housing Fight?
Also, Sen. Collins wants SEC workers back in the office; SEC stays mum on syndicated loans; Gensler talks market structure with progressives
For months, banks have struggled to make headway in their battle with regulators seeking to impose a tougher capital regime. But the industry may soon gain some surprising (and valuable) allies: liberal housing advocates.
While few would expect the left to argue against new rules that handcuff big banks, one aspect of the impending capital proposal has c…