Steven Mnuchin: “I share your concern about this potential tax.”

Something is clearly better than nothing.

There is simply no justification or justifiable reason to take these tools away, with the pandemic crisis worse than it has been.

I very much agree with you and those other experts that more fiscal response is needed.

The reforms would standardize the approach to capital regulation, improve the quality and consistency of bank capital requirements, and level the playing field for U.S. banks.