LR Relief Faces Higher Hurdles
Last night, HFSC Chairwoman Waters (D-CA) issued a blistering statement slamming efforts by Sen. Crapo (R-ID) to add leverage relief to the Senate COVID package.  As we noted yesterday, Senate Democrats have already fired warning shots against Tier 1 leverage-ratio relief, with both statements appearing also to oppose the changes to the community-bank leverage ratio also sought by Sen. Crapo.