Goldman and Big Bank Trade Group Take Their Anti-Basel Messages to the Masses

Also, Robinhood's Tenev hits X and gins up opposition to predictive data rule: House hearings on financial regulations postponed

It’s a pretty good bet that the vast majority of Americans have no idea what the Basel III endgame is. But they’re soon going to be hearing a lot about it – whether they want to or not. 

Today big banks launched not just one, but two, advertising campaigns designed to scuttle the Federal Reserve-led rule proposal that could boost firms’ capital requireme…