Fed, OCC and FDIC push ahead on capital rule overhaul for large banks
The proposal, issued in March, would rewrite capital requirements for the biggest banks and their trading books; the public comment period closed in June.
Published
The Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation are continuing work on a rewrite of capital requirements for large banking organizations. The three agencies issued the joint proposal on March 19, 2026, targeting Category I and II banks and the market risk framework used by firms with significant trading operations, according to the OCC.
The public comment period on the proposal closed on June 18, 2026, according to a client alert from law firm Duane Morris. Finalization has not yet been announced.
For investors, the timing of this rulemaking carries limited weight against the bigger questions now facing bank stocks. Money markets are pricing three additional rate hikes over the next year, and long-term yields sit at multiyear highs. Those inflation and rate-path questions are what is driving Fed commentary and, with it, near-term positioning in bank shares, far more than the pace of the capital rule itself.