Trump administration prepares biggest bank capital rollback since 2008

According to the Financial Times, the Trump administration is moving forward with a sweeping plan to loosen one of the toughest capital requirements imposed on US banks after the 2008 financial collapse. Officials inside Trump’s White House, along with top regulators, are finalizing a proposal to weaken the supplementary leverage ratio (SLR), a rule that […] source: https://www.cryptopolitan.com/trump-biggest-bank-capital-rollback-2008/