CEOs from Wall Street’s biggest banks testified before the US Senate Banking Committee’s annual oversight hearing. Bank CEOs expressed concerns about increased capital requirements, warning that tough new rules could fundamentally alter the US economy. The hearing provided an opportunity for the CEOs to discuss how their institutions promote American economic prosperity and meet the needs of US households and businesses. Some senators, including Senator Mark Warner, appear to be considering the CEOs' arguments regarding the Federal Reserve's proposed higher capital requirements.
CEOS from the nation’s largest banks are warning Senate lawmakers, especially Democrats, that the Federal Reserve’s proposed higher capital requirements will harm consumers and the economy. Senator Mark Warner appears to be listening. https://t.co/vaPglaYxef
Senator Warner: big bank CEOs have an argument when it comes to the Fed’s proposed capital rules https://t.co/9quOeF2EFr by @Jenniferisms
Wall Street CEOs try to convince senators that new capital rules will hurt Americans as well as banks https://t.co/2sAKjyarnt
"We think it was, by a large margin, the easiest hearing the bank CEOs have had in Congress since these things became customary in the aftermath of the 2008 financial crisis." @capitalalpha
Today’s @SenateBanking hearing was an important opportunity for the CEOs of the nation’s largest banks to share how their institutions help promote American economic prosperity and meet the needs of U.S. households and businesses. 🧵
Like Chicken Little, Banking CEOs once again claimed the sky was falling at today's @SenateBanking rather than seriously engaging on policies to protect our financial system and #MainStreet. https://t.co/8OZay31Va8 https://t.co/ToDTtHjrbi
Wall Street CEOs warn lawmakers tough new rules could ‘fundamentally alter’ US economy https://t.co/pT2aAJ3E0G https://t.co/d9MBJUvAhB
These are the main takeaways from Wall Street CEOs' remarks at a Senate Banking Committee hearing in Washington https://t.co/Jn3P1j1oW7
BREAKING: Bank CEOs don’t like increased capital requirements
CEOs from Wall Street’s biggest banks are testifying before the US Senate Banking Committee’s annual oversight hearing Get live updates ⤵️ https://t.co/bIOR6nMCCS
CEOs from Wall Street’s biggest banks are testifying before the US Senate Banking Committee’s annual oversight hearing Get live updates ⤵️ https://t.co/nfJNQ2wccb
CEOs from Wall Street’s biggest banks are testifying before the US Senate Banking Committee’s annual oversight hearing Get live updates ⤵️ https://t.co/baWOzr0834
CEOs from Wall Street’s biggest banks are testifying before the US Senate Banking Committee’s annual oversight hearing Get live updates ⤵️ https://t.co/dWrBXtINAc
CEOs from Wall Street’s biggest banks are testifying before the US Senate Banking Committee’s annual oversight hearing Get live updates ⤵️ https://t.co/hWIjbZddu5
CEOs from Wall Street’s biggest banks are testifying before the US Senate Banking Committee’s annual Wall Street oversight hearing Get live updates ⤵️ https://t.co/8ww6QemXOQ
CEOs from Wall Street’s biggest banks are testifying before the US Senate Banking Committee’s annual Wall Street oversight hearing Get live updates ⤵️ https://t.co/0gQn5MEoWi
CEOs from Wall Street’s biggest banks are testifying before the US Senate Banking Committee’s annual Wall Street oversight hearing Get live updates ⤵️ https://t.co/hdxlppqTXB