Date: May 28, 2014
Issue: Risk Based Capital
To: Committee on Banking, Housing, and Urban Affairs
Filing Type: Hill
Description: The Chamber applauds the Committee for its work to ensure the reauthorization of this important program. The Chamber also supports amendments expected to be offered by Senators Johanns and Brown to clarify the use of capital standards and by Senator Johanns to address margin requirements for non-financial derivatives end-users. Passage of these amendments would address regulatory interpretive issues that have prevented Congressional intent from being fulfilled.