Nice quote from Matt Levine’s opinion piece on the change in US bank capital requirements
“Everything in bank capital is controversial so this is controversial. Usually the controversy is that some people want higher capital requirements and other people want lower capital requirements. Here, pleasantly, part of the controversy is about whether this is a higher or lower capital requirement.“
https://www.bloomberg.com/opinion/articles/2020-03-05/capital-rules-get-less-stressful