Report: New Banking Regulations Violate the Constitution
AUSTIN—Today, the Texas Public Policy Foundation and Boyden Gray PLLC released a new white paper explaining how the Federal Reserve, FDIC, and OCC’s expansive new Capital Adequacy Rule may be unconstitutional under a strengthened constitutional nondelegation doctrine. This summer, federal banking regulators proposed the Rule, which would significantly expand the amount of capital that large...
Press Release December 18, 2023