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US Treasury Secretary: Banking SLR rules are expected to be cancelled this summer
Regulators could eliminate a rule that has long restricted banks' trading of Treasuries this summer, Treasury Secretary Vincent Bescent said. Mr. Bescent said he was very close to taking action on supplemental leverage ratio (SLR) rules. He pointed out that the three big bank regulators - the Federal Reserve, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) - are working on the issue and "I think we may see results in the summer". Existing ...
2025-05-23 16:59:40
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