U.S. Bank Regulators Vow Tougher Rules, Oversight After Bank Failures
Reuters, May 16, 2023–Pete Schroeder, Ann Saphir
Fed Vice Chair for Supervision Michael Barr said the agency was “carefully considering” rule changes for larger regional banks of over $100 billion in assets, including requiring them to account for unrealized losses on their books when considering capital levels. Such lenders had previously had rules relaxed under the Trump administration.
https://www.reuters.com/business/finance/feds-barr-says-agency-eyeing-tougher-rules-banks-over-100-bln-assets-2023-05-16/