Significant concerns of many groups remain.

By Arthur S. Long, Roman Martinez, Pia Naib, and Jordan R. Goldberg

On September 10, 2024, Federal Reserve Vice Chair for Supervision Michael Barr gave a speech (the Barr Speech) in which he outlined the principal changes that he would recommend to the full Board of Governors in a re-proposed rule to implement the Basel Endgame (the Re-Proposal).

The Basel Endgame would overhaul the methods by which large banking organizations…