A Bank Capital Rule Rises to the Top of the Deregulatory Agenda

Also, SEC mistakenly publishes confidential mutual fund data; Pham tells industry conference she will step down once the CFTC chairman is confirmed

Few in Washington spend a lot of time thinking about the supplemental leverage ratio, a highly technical capital rule that applies only to the largest banks. But as the Trump administration gears up for its regulatory overhaul, dialing back the requirement has moved to the top of the list.

The urgency comes courtesy of Scott Bessent, who has been pushing…