Cato Event Podcast
Cato Event Podcast

Basel III and Bank Capital Rules: A Conversation with Vice Chair for Supervision Michelle W. Bowman

Mar 12, 2026 · 46m

<p>In June 2025, when stepping into the Federal Reserve Board’s role of vice chair for supervision, Michelle W. Bowman announced a comprehensive review of the bank capital framework. Since that time, she has introduced changes to two of the framework’s four pillars, the supplementary leverage ratio and the stress-testing regime. As a next step in the comprehensive review, the Federal Reserve, together with the other federal bank regulatory agencies, will introduce proposed changes to the risk-based bank capital requirements.</p><p>Join Vice …

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