The Basel Accord will affect the availability and cost of credit to U.S. businesses of all sizes. That is unless U.S. regulators act.

Stories Driving the Week The Basel Premium  U.S. companies could soon pay more for loans than their European peers depending on how the U.S. applies the latest round of Basel bank rule changes. This factsheet explains why details in the final revisions to the global bank regulatory standards could make loans cost more for U.S. businesses. A …

On Jan. 30, 2019, the Federal Open Market Committee of the Federal Reserve System announced to little fanfare a momentous change in how it conducts monetary policy.  The change was adopted without any formal notice or request for public comment, nor with any formal input from Congress or the Administration.[1]  Nevertheless, the change has had …

The Basel Accord will affect the availability and cost of credit to U.S. businesses of all sizes. That is unless U.S. regulators act.

What’s the Context Here? After the 2008-09 global financial crisis, the Basel Committee on Banking Supervision, the global standard setting body for bank regulation, agreed on a complete overhaul of bank capital standards. Those overhauled standards, known as “Basel III,” largely have been implemented worldwide, including in the U.S. and Europe. Generally speaking, these standards …