Reuters: Fed to review Supplementary Leverage Ratio following bank complaints

Federal Reserve Chair Jerome Powell said on Tuesday the Fed is looking to tweak a key leverage requirement and sees climate stress scenario analysis as a “key tool” for ensuring that the top U.S. banks are aware of climate change financial risks.

Specifically, Powell said the Fed is sticking with its plan to review the “supplementary leverage ratio,” (SLR) a major constraint on bank activity, after banks complained it discouraged them from investing in the U.S. Treasury market.

The full article is available at https://www.reuters.com/markets/rates-bonds/feds-powell-sees-tweaks-key-leverage-ratio-climate-analysis-agenda-going-forward-2022-01-11/

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