finance

Did you see ISDA request for a permanent treasury exclusion and now wondering wtf does it mean?

ISDA (lobbying group for banks) wants to get their member banks access to expanded balance sheets so they can make more money

Even clear from their own blog post

Did you see ISDA request for a permanent treasury exclusion and now wondering wtf does it mean?

ISDA (lobbying group for banks) wants to get their member banks access to expanded balance sheets so they can make more money

Even clear from their own blog post
https://www.isda.org/2024/03/06/time-to-relook-at-the-slr/

This comes at the same time as the Fed is considering easing up on other strict banking requirements they proposed back in July

This comes at the same time as the Fed is considering easing up on other strict banking requirements they proposed back in July 

https://www.reuters.com/markets/us/powell-says-he-expects-broad-material-changes-basel-proposal-2024-03-06/