According to online reports, according to people familiar with the matter, the Federal Reserve has submitted an outline of a revised plan to other U.S. regulators, which will significantly relax the capital requirements imposed on large Wall Street banks during the Biden era. People familiar with the matter said that according to official estimates, under the Federal Reserve's new plan, the overall capital increase of most large banks will be between about 3% and 7%. Although the outline does not provide specific forecast data, this forecast range is significantly lower than the 19% increase in the original proposal in 2023 and lower than the 9% increase proposed in last year's compromise plan. Some people familiar with the matter said banks with larger trading portfolios could face smaller capital increases and could even receive downgrades.