The Federal Reserve has kicked off the process for putting together a new risk-based capital rule that would be less burdensome on the biggest US banks than a Biden-era plan, according to people familiar with the matter.
Vice Chair for Supervision Michelle Bowman is taking the lead in crafting the new measure that would aim to simplify how banks calculate their capital requirements. Regulators are largely throwing out the original 1,087-page version proposed two years ago, and will aim to unveil a new plan as soon as the first quarter of 2026, said the people, who asked not to be ...
