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News Release 2023-79 | July 27, 2023

Acting Comptroller Issues Statement in Support of Notice of Proposed Rulemaking to Strengthen Capital Requirements for Large Banks

WASHINGTON— Acting Comptroller of the Currency Michael J. Hsu today issued a statement in support of the interagency notice of proposed rulemaking to increase the strength and resilience of the banking system. The proposal would implement the final components of the Basel III agreement and apply a broader set of capital requirements to banks with $100 billion or more in total assets.

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