According to BlockBeats, U.S. Treasury Deputy Secretary Michael Faulkender has revealed that officials are considering changes to banking regulations. This discussion comes in the wake of a significant drop in U.S. Treasury bonds last week, which has heightened attention on the 'Supplementary Leverage Ratio' (SLR) regulation.
The recent decline in U.S. Treasury bonds marks the largest drop in over two decades, sparking fears reminiscent of the market crash in March 2020. Any proposed changes to the regulations would require approval from the Federal Reserve and other regulatory bodies, despite the fact that the chair of the Financial Stability Oversight Council, responsible for U.S. financial stability, is the Treasury Secretary.
Faulkender stated at an event, "We are researching this matter and have begun discussions."