Although some critics have called for abolitiongameshownetworkshowsBut the Federal Reserve and other top U.S. regulators are continuing to press ahead with plans to increase capital adequacy ratios for large banks.
According to people familiar with the matter, key officials have decided to adjust the original proposal rather than overturn it all over again, with some pushing for the relevant rules to be finalized as early as August. If the capital reform plan released in July last year was abandoned, refinalizing new regulations would almost certainly be delayed until after the November U.S. election.
Representatives of the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) declined to comment. Officials from these agencies are still weighing specific changes to the draft last July, but an exact date has not yet been agreed and are still waiting for final approval.