Fed's Bowman eyes broad set of bank capital reforms
ReutersJun 23, 2025 2:00 PM
WASHINGTON, June 23 (Reuters) - The Federal Reserve's top regulatory official said on Monday that an upcoming rewrite of bank leverage rules is just a "first step" in reviewing "distorted" bank capital requirements.
Fed Vice Chair for Supervision Michelle Bowman said that a meeting on Wednesday to revisit bank leverage requirements is an initial foray in a broader set of reforms to ease bank capital requirements. Additional changes could include tweaks to a surcharge applied to large global banks and what requirements should apply to larger regional banks.
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