Exclusive: US regulators at odds over whether to issue new draft of bank capital hikes
By Jerry
WASHINGTON, June 20 (Reuters) – U.S. bank regulators are arguing over the path forward for rules easing bank capital hikes, with some wanting to allow additional feedback from Wall Street after the industry vigorously pushed back, said five people familiar with the matter.
The Federal Reserve, which is leading the project, is considering reproposing the “Basel endgame” rule, while the Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) do not want to go that route, the people said.