Internet reports that the Federal Reserve will hold a meeting to discuss plans to relax leverage requirements for large banks, which is expected to start a broad plan to rethink banking rules. The Federal Reserve announced that it will hold a board meeting on June 25 to discuss changes to the so-called "supplementary leverage ratio", which requires banks to set aside capital on assets regardless of risk. This will be the first meeting held since Federal Reserve Governor Bowman was confirmed as the top regulatory official of the Federal Reserve. The easing of leverage requirements may be the first of several Fed rules easing plans, and Bowman has laid out an ambitious plan to reform the way the Fed supervises and supervises some of the largest and most complex banks in the United States. The Fed did not provide any details of the proposals it is considering, but banks have for years been demanding changes to the supplemental leverage ratio that could eliminate traditionally safe assets or modify the formula used to calculate leverage. Banks say additional leverage may actually hinder their ability to enter the intermediate treasury bond market during stressful times.