According to Odaily, U.S. Treasury Secretary Besant has indicated that regulatory bodies might lift a longstanding rule affecting banks' U.S. Treasury trading this summer. Besant mentioned that actions regarding the Supplementary Leverage Ratio (SLR) regulation are imminent. He highlighted that the Federal Reserve, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) are actively addressing this issue. "I believe we might see results by summer," he stated. The current SLR rules require banks to hold corresponding capital when trading U.S. Treasuries. Besant noted that removing this regulation could potentially lower U.S. Treasury yields by several basis points.