Richard Shelby actually said...

I think it is very, very important.

The poor record of Basel I, II, and II.5 is that of a system fundamentally flawed. Basel III is a continuation of these efforts, but with mo...

I think this is a worthy goal as strong capital requirements are essential for a safe and sound banking system and also to protect against t...

Unfortunately, one of the clear lessons of the financial crisis is that bank regulators set capital requirements too low.