Frank Lucas: “The U.S. banking sector is among the most highly-regulated sectors in the country.”

As long as it is not contrary to the commitments we have given to the other entities.

Consensus is key. Is using this model the only way to promote a lasting and resilient capital framework?

The Basel Committee on Banking Supervision is the primary global standard-setter for prudential regulation of banks.

I thank the chairman for yielding. Mr. Speaker, I support this bipartisan CRA to overturn the SEC's Staff Accounting Bulletin 121. SAB 121 has removed a bank's ability to offer custodial services for digital assets and has prevented banks…