Banking Industry Divides Over Capital Rule Change

Also, Atkins' June calendar shows more financial industry meetings; new president starts at Financial Services Forum

Banking regulators are plowing ahead with their first major rule change of the Trump administration, a proposal to loosen a capital requirement that applies to the largest U.S. banks. The effort has the strong backing of Treasury Secretary Scott Bessent, but it’s proving to be a tougher sell with smaller firms.

The brewing intra-industry fight over the s…