The Federal Reserve has unveiled plans to relax key capital rules that were implemented to stabilize the banking sector after the 2008 financial crisis. This move, regarded as one of the largest regulatory rollbacks since then, aims to ease the supplementary leverage ratio (SLR) for large US banks, potentially benefiting Wall Street. While proponents argue that these changes could enhance market stability and help the Treasury market, critics, including prominent figures like Elizabeth Warren, warn that such measures could recklessly endanger the economy and undermine vital bank reforms. The decision is set to have significant implications for the banking sector and broader financial markets.