Breaking down Basel III Endgame with Greg Baer of BPI

On this week's crossover episode of What's at Stake and the Macrocast, Bryan DeAngelis, partner and Head of Penta's D.C. office, and Ylan Mui, managing director at Penta, speak with Greg Baer, President and Chief Executive Officer at the Bank Policy Institute.

The group breaks down the impacts of Basel III endgame, which is the regulatory approach to analyzing capital requirements for banks based on the riskiness of their activities. Specifically, the group discusses the plan for implementation of Basel III endgame in the U.S. following last week's U.S. federal prudential bank regulators proposed new capital requirements for large banking organizations. The group breaks down the timing of the standards, especially given the resiliency of banks in recent real and hypothetical stress tests, the current state of the economy, and the upcoming 2024 elections.

The Bank Policy Institute, or BPI, is a nonpartisan public policy, research and advocacy group, representing America's leading banks. BPI's work aims to help the nation's leading banks best serve their customers and fulfill their vital economic role.

Before his leadership of BPI, Greg has a variety of experience in the banking and financial services sector more broadly, including past roles as President of The Clearing House Association and Executive Vice President and General Counsel of The Clearing House Payments Company, Managing Director and Head of Regulatory Policy at JPMorgan Chase, and Deputy General Counsel for Corporate Law at Bank of America. He also served as Assistant Secretary for Financial Institutions in the U.S. Department of the Treasury, after serving as Deputy Assistant Secretary. Greg was also managing senior counsel at the Board of Governors of the Federal Reserve System.