GOP senators pressure banking agencies for more reg relief.

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    • Subject Terms:
      REPUBLICAN Party (U.S. : 1854- )
    • Abstract:
      The article reports that a group of Republicans on the U.S. Senate Banking Committee has pressed the banking regulators to make several of their regulatory relief proposals even more lenient. Topics mentioned include a letter for regulators to complete its work on the Community Bank Leverage Ratio, Tier 1 leverage requirement for well-capitalized banks, and proposed changes by the U.S. Financial Accounting Standards Board to the way companies set aside loan-loss reserves.