Rep. Tlaib questions Bessent on G-SIB leverage ratios and lending to real economy
The segment covers a House Financial Services Committee hearing exchange between Rep. Rashida Tlaib (D-MI) and Treasury Secretary Scott Bessent. Tlaib presents Kansas City Fed data on tier 1 leverage ratios, contrasts community-bank vs. G-SIB capital cushions, questions lending allocation to the real economy, and criticizes a recent Trump-era rule easing the enhanced supplementary leverage ratio for large banks.
Source: Frontline Politics