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Goldman Sachs, JPMorgan, and BofA filed comments opposing the Volcker Rule1. The financial sector lobbied aggressively against the increased capital requirements of Basel III Endgame2.

2 SOURCES · 2 DOCUMENTED FACTS · OPENED 2026-07-22 · UPDATED 2026-07-22
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Goldman Sachs, JPMorgan, and BofA filed comments opposing the Volcker Rule

Adversarial Stress-Test of the "Class-Consensus Financial Ar
“Goldman, JPMorgan, and BofA filed comments opposing the rule; Lloyd Blankfein publicly opposed it at length”
SOURCEAdversarial Stress-Test of the "Class-Consensus Financial Ar·stored copy on file
VERIFIED — a word-for-word match in the stored source

The financial sector lobbied aggressively against the increased capital requirements of Basel III Endgame

Adversarial Stress-Test of the "Class-Consensus Financial Ar
“The financial sector lobbied aggressively against the increased capital requirements; the rule was substantially watered down only under Trump 2.0, not under Biden's Goldman-alumni-staffed Treasury”
SOURCEAdversarial Stress-Test of the "Class-Consensus Financial Ar·stored copy on file
VERIFIED — a word-for-word match in the stored source