Latest news with #TreasuriesMarket
Bloomberg
2 days ago
- Business
- Bloomberg
FDIC Scraps Public Meeting on Changes to Key Bank Capital Rule
The Federal Deposit Insurance Corp. decided to handle Thursday's board meeting on a key capital rule 'notationally,' according to a statement, after previously saying it would be open to the public. The FDIC announced last week that its public meeting would focus on modifying a rule that big banks have said limits their ability to act as intermediaries in the $29 trillion Treasuries market. A video feed for the meeting cut out shortly after it was set to begin, and the agency later sent a statement that didn't provide a reason for the change.
Bloomberg
5 days ago
- Business
- Bloomberg
Fed's Bowman Says ‘Time Has Come' to Revisit Key Capital Buffer
By and Amara Omeokwe Save Federal Reserve Vice Chair for Supervision Michelle Bowman warned the current approach to leverage ratio requirements has lead to unintended consequences in the market while adding she could support lowering interest rates as soon as July. Bowman said the 'time has come' to revisit the key capital buffer after concerns the rule has constrained lenders' trading in the $29 trillion Treasuries market.
