08:15 AM EDT, 10/22/2025 (MT Newswires) -- The Federal Reserve has shared a revised plan with other US regulators that would meaningfully reduce the amount of additional capital big banks must hold from a level proposed under the Biden administration, Bloomberg reported Wednesday, citing people familiar with the matter.

The Fed's revised plan would require most big banks to hold an extra 3% to 7% of capital, compared with the 19% in the 2023 proposal and the 9% floated in an earlier revised version last year, the people reportedly said.

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