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Elizabeth Warren Blasts Regulators’ Potential Bank Leverage-Rule Changes

Senator Elizabeth Warren, a Democrat from MassachusettsPhotographer: Tierney L. Cross/Bloomberg

Takeaways by Bloomberg AI

US Senator Elizabeth Warren criticized potential reforms to a key bank capital buffer ahead of regulators’ meetings this week, saying the rule is a “critical safeguard” that promotes financial stability.

Officials are set to propose changes to what’s known as the enhanced supplementary leverage ratio, Bloomberg News reported earlier this month, after concerns that the bank capital rule constrained trading in the $29 trillion Treasuries market.