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NEW: US weighs expanding the Fed's emergency lending facility for banks in ways that would give First Republic more time to shore up its balance sheet The lender is stable enough to operate w/o immediate intervention, sources tell Katanga Johnson + me bloomberg.com/news/articles/…

The FDIC may pressure the nation's biggest lenders to pick up a bigger-than-usual portion of the $23 billion bill from recent bank failures. bloomberg.com/news/articles/… via Bloomberg Markets Katherine Doherty Hannah Levitt Katanga Johnson Bloomberg Economics

NEW: US banks are slamming the door on many crypto clients, despite there's no blanket ban on serving the industry. Some exclusive details from our reporting with companies, banks, investors, etc. bloomberg.com/news/articles/… w/Paige Smith Katanga Johnson Bloomberg Crypto (1/4)

US bank regulators are weighing the prospect of downgrading their private assessments of First Republic Bank — a move that may curb the troubled firm’s access to Federal Reserve lending facilities — if a deal isn't reached to salvage the bank. bloomberg.com/news/articles/…

SCOOP: The US to exempt smaller lenders from kicking in extra money to replenish the government’s bedrock deposit insurance fund—and instead saddle the biggest banks with much of the bill—in an FDIC plan that may come as soon as next week: bloomberg.com/news/articles/…

US bank regulators are set to release their plans next week for a sweeping overhaul of capital rules, with the latest draft including requirements for large lenders’ residential mortgages that go beyond international standards. My latest Bloomberg: bloomberg.com/news/articles/…

A probe into the FDIC's workplace found credible allegations of a toxic environment for bank examiners and that the agency’s culture needs an overhaul, sources told Lydia Beyoud and I. The findings could be released as soon as Tuesday. bloomberg.com/news/articles/…

Striking early takeaway is that Gruenberg and FDIC woes aren't absolutely dominating the hearing. It's lead issue, but members taking time to talk Basel, etc., as well.

New: my deep dive into how Goldman Sachs tapped into its network of small business owners to help build pressure against the Basel capital rewrite: reuters.com/business/finan…

Most Americans were fortunate to lock in a cheap mortgage rate during the pandemic. But for hundreds of thousands of US homeowners, their payments are about to skyrocket. bloomberg.com/news/articles/…

Yikes! Adjustable-rate mortgages are due to reset for many borrowers, and its '‘not gonna be pretty,’ my comrade, Alex Tanzi, found. bloomberg.com/news/articles/…

New Basel III Endgame news on Bloomberg Terminal..."Federal Reserve Floats Weaker Version of Bank-Capital Overhaul" from Katanga Johnson blinks.bloomberg.com/news/stories/S…

The Fed has shown other US regulators a three-page memo of possible changes to their bank-capital overhaul that would significantly lighten the load on Wall Street banks--potentially as low as a 5% increase instead of the 16% planned hike, sources tell me.

Historic weekend to be on White House duty at Bloomberg: bloomberg.com/news/articles/…

Both Katanga Johnson and Victoria Guida are trying to get FDIC Chair Gruenberg to make news on Basel III, and despite very good questions, Gruenberg does not want to make news.

SCOOP: The Fed and other regulators are poised to unveil a 450-page document of sweeping changes — as soon as Sept. 19 — to a slate of proposed capital rules for banks as they seek to overcome tough resistance from the industry. Top changes include a reduction in the capital

SCOOP: The biggest US banks would face a 9% increase in capital requirements — a dramatic retreat from the original plan — after regulators agreed to sweeping changes to a proposed package of rules, which will be unveiled as soon as Sept. 19. My latest Bloomberg:

The Treasury Secretary has been talking about this. Now regulators are forming a plan to make it happen. Big scoop via Katanga Johnson bloomberg.com/news/articles/…