I am concerned that while we sit here today discussing what the right capital standards should be for our U.S. financial institutions, foreign regulators are having similar discussions, and they are having theirs behind closed doors.
Ed Royce: “I am concerned that while we sit here today discussing what the right capital standards should be for our U.S. financial…”
Editor's note · Context
Royce expresses concern over U.S. regulators adopting foreign capital standards without transparency.
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