On the recordNovember 13, 2012
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 more complexity.
Source
congress.govThe 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 more complexity.
Shelby critiques the Basel framework's complexity and past failures.
Share
More from Richard Shelby
A complex and evolving security environment requires a serious commitment to our national defense.
I ask unanimous consent that the order for the quorum call be rescinded. The PRESIDING OFFICER. Without objection, it is so ordered. The senior Senator from Alabama.
Putin's actions have created the largest humanitarian crisis in modern Europe while his forces attempt to consolidate their territorial gains in eastern Ukraine.
At the same time, North Korea is testing missiles reportedly capable of carrying nuclear warheads.