The US Treasury has outlined sweeping proposals that would take an axe to parts of the post-crisis regulatory regime, including elements of Basel III and the Volcker rule.
The document, published on June 12, urges president Donald Trump to reduce the burden on banks from stress testing and liquidity requirements, and raises the possibility of giving banks an “off ramp” to avoid having to meet the separation principle of the Volcker rule.
The report notes it is unclear how much bank regulation
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