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Basel Exit Could Hurt US Influence, Experts Warn At Fed Event

By Jon Hill ( July 22, 2025, 10:51 PM EDT) -- Banking industry experts warned Tuesday that the U.S. risks undermining its global influence and keeping bank capital costs elevated if it doesn't implement some form of the so-called Basel III endgame, with one former Federal Reserve official likening the prospect of such a retreat to the "Peanuts" gag of Lucy yanking the football from Charlie Brown....

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