According to Mars Finance, citing Jinshi News, the Federal Reserve's proposal announced on Thursday would ease capital requirements for large Wall Street financial institutions, potentially freeing up billions of dollars for lending, stock buybacks, and dividend payments. Federal Reserve Vice Chair Michelle Bowman stated that these changes would strengthen and solidify the overall capital structure. The proposal requires a 90-day public consultation period and is expected to "moderately reduce" capital requirements for large banks.
The US has relaxed capital requirements for major banks, potentially releasing billions of dollars for lending.
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