Acting Comptroller of the Currency Issues Statement on Proposal to Modify the Enhanced Supplementary Leverage Ratio — 2025-06-25

WASHINGTON—Acting Comptroller of the Currency Rodney E. Hood issued the following statement today following his approval of an interagency notice of proposed rulemaking to modify the enhanced supplementary leverage ratio: I strongly support the notice of proposed rulemaking to modify the leverage ratio standard applicable to the largest and most systemically important banking organizations. The proposal would better tailor our capital requirements for banks to ensure the enhanced supplementary leverage ratio functions as a true backstop—not a primary constraint that limits lending unnecessarily. The proposal aligns with my commitment that the capital framework should support resilience but does not constrain growth. The proposal would reduce tier 1 capital for depository institution subsidiaries of global systemically important bank holding companies (GSIBs) to allow for more efficient allocation of capital throughout a banking organization, while ensuring that the amount of overall capital that banking organizations maintain would not materially change.