US Treasury Secretary Scott Bessent has stated that regulators may ease a rule limiting banks’ involvement in the $29 trillion Treasuries market this summer. Bessent said the three main bank regulators are working together to address the issue, which he described as “very close” to being resolved.
Source: https://www.bloomberg.com/news/articles/2025-05-23/bessent-sees-easing-capital-rule-on-us-treasuries-this-summer