Lew supports sticking to Basel III agreement

04/25/2013 | Wall Street Journal, The

Treasury Secretary Jack Lew says the U.S. should stick to its Basel III commitment, instead of abandoning it or requiring banks to maintain a bigger capital buffer, both of which have been proposed by two lawmakers. Lew says he has not read the proposal by Sens. David Vitter, R-La. and Sherrod Brown, D-Ohio.

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