The U.S. financial regulatory agency FDIC voted to relax key capital requirements for banks linked to government bonds

U.S. regulators are pushing to relax capital requirements, as the banking industry believes that existing regulations limit their ability to act as intermediaries in the U.S. Treasury market during periods of market turmoil.

Officials from the Federal Deposit Insurance Corporation (FDIC) voted to approve a final plan to relax regulatory standards known as the "Supplementary Leverage Ratio." Under the final measures, the capital ratios of large U.S. banks such as Bank of America, JPMorgan Chase, and Goldman Sachs will be reduced. The measures are expected to be largely consistent with the proposal announced in June