Odaily Planet Daily reported that U.S. Treasury Secretary Bessent stated that regulators may lift a long-standing rule that restricts banks' trading of U.S. Treasury bonds this summer. Bessent indicated that action on the Supplementary Leverage Ratio (SLR) regulation is very close. He pointed out that the three major banking regulators—the Federal Reserve, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC)—are working on this issue, saying, "I think we may see results this summer." The existing SLR rules require banks to hold corresponding capital when trading U.S. Treasuries, and Bessent noted that removing this requirement could lead to a decline in U.S. Treasury yields by several basis points.