Senate Banking Wrap: Basel Dominates But FDIC Harassment Scandal Puts Gruenberg in Hot Seat

Also, minority groups join financial firms in bashing SEC's predictive data rule

Bipartisan opposition to the Basel endgame proposal was on full display in the Senate Banking Committee today – yet another sign that regulators may have to dial back the capital plan to get it across the finish line.

At their first Senate appearance since the plan’s release, Fed Vice Chair for Supervision Michael Barr, FDIC Chairman Martin Gruenberg and…