Would Banks Win a Lawsuit Against the Basel III Capital Plan?

Greg Baer, CEO of the Bank Policy Institute, discusses the ongoing battle between big banks and regulators over the Basel III capital plan. He highlights the concerns about the lack of data and analysis in the proposal. The chapter also mentions the potential outcomes of the plan and the likelihood of substantial changes by regulators. The discussion analyzes the missing points in the debate and the industry's reaction. It also speculates on the successor to Patrick McHenry as the top Republican on the House Financial Services Committee.