Federal Reserve: US central bank apparently plans to relax banking supervision rules
The Fed plans, according to insider reports, to raise thresholds for strict bank rules. This could allow large institutions to save on bureaucratic costs. Critics warn of growing financial risks.
The US Federal Reserve is planning to ease regulatory requirements for large banks, according to insiders. The central bank aims to raise the threshold for stricter regulations, potentially allowing some institutions to avoid costly additional requirements. The proposed changes, expected to be announced this year, could see the upper threshold rise from $700 billion to around $1 trillion and the lower threshold from $100 billion to around $150 billion.
The move is part of the Trump administration's efforts to reform banking regulations, which critics argue could weaken the financial system and increase risks.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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- US Federal Reserve plans to raise bank oversight thresholds, sources say economictimes.indiatimes.com
