The Bank of England Governor, Mervyn King and several other prominent economists in the world have said that the Basel III capital standards are insufficient to prevent another crisis.
Richard Shelby: “The Bank of England Governor, Mervyn King and several other prominent economists in the world have said that the Basel…”
On the recordNovember 13, 2012
Source
congress.govEditor's note · Context
Shelby cites Mervyn King's opinion on Basel III capital standards' inadequacy.
Share
More from Richard Shelby
Jun 6, 2022
I am deeply concerned, however, that the administration's failure to direct the appropriate resources to the crisis at the southern border has resulted in shifting the burden to the Guard.
Jun 6, 2022
Because the administration has refused to fund the construction of a comprehensive barrier along the border, it has been compelled to send the National Guard to deal with the consequences.
May 16, 2022
I remain concerned that the Air Force budget request is insufficient considering the needed modernization across the inventory with a rapidly evolving threat.
May 25, 2022
Deterrence requires spending our limited resources on both offensive and defensive weapons.





