Bank-Relief Bill winding thru Congress

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

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister

New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice

Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.

Lars Pålsson Syll writes Ekonomisk politik och finanspolitiska ramverk