United States Senator Bill Hagerty (R-TN) and Senator Tim Scott (R-SC), along with every Republican on the Senate Banking Committee, have called on financial regulators to withdraw the Basel III Endgame proposal to raise bank capital requirements. In a letter addressed to Federal Reserve Chair Jerome Powell, FDIC Chairman Martin Gruenberg, and Acting Comptroller of the Currency Michael Hsu, the Senators expressed their concerns about the lack of a thorough economic analysis justifying the proposal and its potential impact on access to credit and financial services.The...