US conservatives want to ditch Basel III, but what comes next?

A line up of Republican officials and other conservatives have said that they think Basel III is unfair to the US and takes away the country’s sovereignty. Calls to remove Basel III aren’t inherently wrong but many of these commentators have no alternatives, just the idea that the US must exit. Our question is, what are these people actually referring to and what could replace Basel III if it is removed in the US? That’s where things get dicey.
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