New Basel Plan Provokes Little Friction at House Hearing

Also, SEC decision not to review shareholder proposals this year had a 'chilling effect' on investors and companies, report contends

The 2023 Basel endgame proposal sparked an industry revolt and a lobbying campaign complete with ads at Washington bus stops. The latest version is shaping up to be a far less controversial affair. Case in point: today’s House Financial Services Committee hearing, which was largely devoid of the political discord that greeted the earlier effort.

Republic…