Trump Administration To Loosen Bank Capital Requirements After 2008 Crisis

The Trump administration is taking steps towards relaxing capital requirements for major US banks, a move reminiscent of the era following the 2008 financial crisis. According to the Financial Times, officials within the White House are working on a proposal that would weaken the supplementary leverage ratio (SLR), a crucial rule that mandates these institutions hold a specific amount of high-quality capital against all their assets. This move comes at a time when deregulation is rising in prominence for financial policy under President Trump.