01:50 PM EDT, 03/22/2024 (MT Newswires) -- Federal Reserve Vice Chair for Supervision Michael Barr said significant changes will likely be made to a proposal that would force financial institutions to hold more capital, according to Bloomberg News.

Criteria related to operational, credit, and market risks could be adjusted in the proposal, which is tied to the Basel III Endgame, Barr said Friday in an appearance at the University of Michigan.

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