Basel Endgame Capital Cut
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top Federal Reserve officialCNBC
•Federal Reserve unveils toned-down banking regulation in victory for Wall Street
75% Informative
The Basel Endgame would have boosted capital requirements for the world's largest banks by roughly 19% .
Officials at the Fed , the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. have agreed to resubmit the massive proposal with a more modest 9% increase to big bank capital.
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