Such a requirement, they say, is justified in an economic-stimulus package.

ECONOMIST: Economic nationalism rears its ugly head

As part of the package of new standards, banks will be required to increase their minimum common equity requirement from 2% to 4.5%, and will additionally have to hold a capital conservation buffer of 2.5%, "to withstand future periods of stress, " the Basel Committee said in a press release.

FORBES

The Sandy Hook shooting also was the impetus Friday behind New Jersey Gov. Chris Christie's proposed legislative package that included an expansion of existing gun laws, mandatory mental-health screenings and the requirement that juveniles get permission from their parents or guardians before they are allowed to buy violent video games.

WSJ: Conn. Gun Fight Continues