by Summary:
Looks like this thing is progressing thru the sausage grinder; has even picked up some Democrat support. Looks like at least reserve balances (.5T system wide) will be removed from capital requirements; from the summary: Section 402. Supplementary Leverage Ratio for Custodial Banks. This section requires the Federal banking agencies to amend the supplementary leverage ratio final rule (SLR) to specify that funds of a custodial bank that are deposited with a central bank will not be taken into account when calculating the SLR, subject to limitations. Bipartisan bank-relief bill wins approval from key Senate panel https://t.co/ahy6c2HKVs pic.twitter.com/Ep8M9EOlyK — Bloomberg (@business) December 5, 2017 We'll need this if Trump pulls something far out of left-field in order to
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Looks like this thing is progressing thru the sausage grinder; has even picked up some Democrat support. Looks like at least reserve balances (.5T system wide) will be removed from capital requirements; from the summary: Section 402. Supplementary Leverage Ratio for Custodial Banks. This section requires the Federal banking agencies to amend the supplementary leverage ratio final rule (SLR) to specify that funds of a custodial bank that are deposited with a central bank will not be taken into account when calculating the SLR, subject to limitations. Bipartisan bank-relief bill wins approval from key Senate panel https://t.co/ahy6c2HKVs pic.twitter.com/Ep8M9EOlyK — Bloomberg (@business) December 5, 2017 We'll need this if Trump pulls something far out of left-field in order to
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Looks like this thing is progressing thru the sausage grinder; has even picked up some Democrat support.
Looks like at least reserve balances ($2.5T system wide) will be removed from capital requirements; from the summary:
Section 402. Supplementary Leverage Ratio for Custodial Banks.
This section requires the Federal banking agencies to amend the supplementary leverage ratio final rule (SLR) to specify that funds of a custodial bank that are deposited with a central bank will not be taken into account when calculating the SLR, subject to limitations.
Bipartisan bank-relief bill wins approval from key Senate panel https://t.co/ahy6c2HKVs pic.twitter.com/Ep8M9EOlyK— Bloomberg (@business) December 5, 2017
We'll need this if Trump pulls something far out of left-field in order to operate at the "debt ceiling!" starting after this Friday...