The industry has been waging a fierce campaign to kill the "Basel endgame" proposal, which overhauls how banks must calculate their loss-absorbing capital, and as regulators roll out fair lending and fee cap regulations, among other rules.
Wall Street CEOs, including JPMorgan Chase CEO Jamie Dimon, showed support for updating Supplemental Security Income, or SSI, on Capitol Hill on Wednesday.
Bank CEOs bring Basel III battle to Congress americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
The bank bosses hope to use the hearing as an opportunity to try to convince key moderate Democratic senators that the rules could stifle lending, hurting small businesses and consumers
Wall Street CEOs, including JPMorgan Chase CEO Jamie Dimon, showed support for updating Supplemental Security Income, or SSI, on Capitol Hill on Wednesday.