China urges firms to avoid Nvidia H20 chips in sensitive work – Bloomberg
Investing.com -- The Federal Reserve has started work on a new risk-based capital rule that would be less demanding for major U.S. banks than a previous Biden administration proposal, according to a report from Bloomberg, citing sources familiar with the plans.
Fed Vice Chair for Supervision Michelle Bowman is leading the development of this simplified measure for bank capital requirement calculations. Regulators are largely discarding the original 1,087-page proposal from two years ago and aim to release a new plan as early as the first quarter of 2026.
The future of the Basel III Endgame initiative has been uncertain since President Donald Trump took office. This initiative represents the final component of an international bank capital rules overhaul that began after the financial crisis.
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