The Federal Reserve (FED) plans to ease the leverage ratio for large banks, Powell calls it a prudent move.

[Coin World][The Federal Reserve Plans to Ease Leverage Requirements for Large Banks] The Federal Reserve has disclosed plans to relax key banking capital regulations. The document shows that the Fed has proposed reforms to ease the enhanced supplementary leverage ratio requirements for large banks. Federal Reserve Chairman Powell stated that it is prudent for the Fed to reconsider the relevant rules given the significant increase in the scale of relatively safe assets on banks' balance sheets. The statement indicates that Federal Reserve Board of Governors members Barr and Kugler opposed the proposed reforms. However, Federal Reserve Board of Governors member Bowman stated that the adjustments would enhance the resilience of the U.S. Treasury market and reduce market dislocations.