U.S. Treasury Secretary Hints at Potential Bank Regulation Easing This Summer

United States Treasury Secretary, Janet Yellen, has hinted that regulatory changes to bank trading rules could be implemented this summer. According to industry sources like Odaily, she has indicated imminent action regarding the Supplementary Leverage Ratio (SLR) regulation governing banks’ U.S. Treasury trading activities. The Federal Reserve, Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC) are actively working on these reforms. Yellen believes ‘we might see results by summer,’ suggesting a potential shift in bank regulations impacting U.S. Treasury yields.