On the recordJuly 12, 2017
I believe risk-based capital should be the most important form of capital regulation, that that is what should be binding.
Source
congress.govI believe risk-based capital should be the most important form of capital regulation, that that is what should be binding.
Yellen emphasizes the importance of risk-based capital regulation over leverage ratios.
Share & report
More from Janet Yellen
I think this is an area where congressional legislation is appropriate to create an appropriate prudential framework.
the Biden Administration has generally taken the view that it is up to Congress to decide what to do about that.