Rep. Lucas: Secretary Yellen Defers on Basel, Supports Changes to Increase Liquidity in U.S. Treasury Market
July 10, 2024
July 10, 2024
WASHINGTON, July 10 -- Rep. Frank Lucas, R-Oklahoma, issued the following news release on July 9, 2024:
Today, Congressman Lucas followed up with Secretary Yellen on the impact of the Basel Endgame proposal and also potential reforms to increase participation in U.S. Treasury markets.
Highlighted Quotes:
Lucas: "During our discussion when you were last before the Committee, you largely deferred to the Fed, FDIC, and OCC on the details of the Basel prop . . .
Today, Congressman Lucas followed up with Secretary Yellen on the impact of the Basel Endgame proposal and also potential reforms to increase participation in U.S. Treasury markets.
Highlighted Quotes:
Lucas: "During our discussion when you were last before the Committee, you largely deferred to the Fed, FDIC, and OCC on the details of the Basel prop . . .