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smallmancontrov • today at 7:40 PM • 1 reply • view on HN

Hah, this is remarkably short turnaround. The OBBB only lifted the ESLR on April 1!


Replies

Terr_ • today at 8:15 PM

Had temporary acronym overload, unpacking for anyone else:

There was a cringe-named Republican bill from the beginning of Trump's term, it somehow(?) relaxed the Enhanced Supplementary Leverage Ratio, and the eSLR is one of several related rules on very big banks that deter them taking on "too much" risk.