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US Treasury secretary proposes opt-in system for modernized capital requirements

( April 9, 2025, 21:56 GMT | Official Statement) -- MLex Summary: US Treasury Secretary Scott Bessent told the American Bankers’ Association that the Treasury Department may consider giving each bank that is not mandatorily subject to the modernizing regulatory capital requirements the option to opt-in to the requirements.U.S. Department of the Treasury...

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