Fed's Warning That Banks Will Be Aggressively Supervised

In a statement made by Fed Supervisory Vice President Michael Barr, it was stated that after the bankruptcies, the institution will evaluate the rule changes for large regional banks, and that the banks will be supervised more aggressively by making urgent studies on this issue.
In a statement made by the Fed's senior official to members of Congress, it was stated that the Fed's plans to tighten capital rules to be implemented by banks will be announced this summer and that banks will be supervised more aggressively by supervisors due to recent bank failures.
Michael Barr, the Fed's vice-president for supervision, said in a statement that the Fed will also very carefully consider rule changes for major regional banks and expect to lay out its plan to review liquidity and capital rules in the process, and this will initiate the ambitious rules rewriting process for banking regulators. was also underlined.
After the bankruptcies of Signature Bank and Silicon Valley Bank caused a drop in global banking shares and concerns about the spread of the financial crisis in the sector, it was stated that the main problem was the late action of the supervisors, and bank supervisors were in the process of intense scrutiny.
With these regulations, it was stated that stricter rules could be introduced especially for large banks with loosened rules during the Trump era, including the obligatory right to take into account unrealized losses in their books while taking their capital levels into account.