Basel III Developments Come to a Standstill

According to American Banker, CFPB Direct Rohit Chopra signaled that he would vote against a scaled-back version of the Basel III Endgame proposal. Additionally, FDIC Vice Chairman Travis Hill and FDIC Board member Jonathan McKernan have not signed onto the re-proposal.

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Economic Reports Closely Watching Consumer Spending

Tariffs Begin to Impact the CLO Market

CFPB Memo Hints to the Bureau’s New Direction

Tariffs Could Increase Housing and Rental Costs

FT: Investment Pledges into the U.S. Uncertain