Banking Regulators Prepare to Loosen Post-Crisis Capital Rules
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The changes, long sought by bank lobbyists, will reduce the capital banks must hold in reserve to mitigate risks.
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Federal banking regulators released a long-awaited proposal on Thursday that would reduce capital requirements on large and regional banks, a move that proponents hope will trim red tape and encourage more lending. Critics fear the changes could increase systemic risk in the banking sector.
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