The top Democrat on the House Financial Services Committee sent a letter advocating for Commodity Futures Trading Commissioner Kristin Johnson to serve as the Treasury Department’s next assistant secretary of financial institutions.

The Vault

January 31, 2024

House Democrats take fresh aim at capital rules

Several senior Democrats on the House Financial Services Committee this morning continued to signal serious concerns with new capital rules proposed by President Joe Biden’s banking regulators, pressing for changes before they are finalized.

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