Frank Lucas said...

My concern is that once we build a CBDC, we don't have it just today and tomorrow with our current set of regulators.

These proposals, I believe, could impair market liquidity while increasing risks and costs.

I have heard concerns that the Fed's Basel III revisions could increase costs for derivatives end users.

This is something that has been in the works really for a decade, and the U.S. prudential regulators have put out a prop...