Modifications to the Capital Plan Rule and Stress Capital Buffer Requirement

Key Points

• 1The rule modifies how big banks must prepare 'capital plans' — essentially their financial roadmaps showing they can survive economic downturns
• 2Banks would need to maintain a 'stress capital buffer,' which is extra money they keep on hand to weather financial crises
• 3The changes could make it easier or harder for banks to lend money and pay dividends to shareholders, depending on the specific modifications
• 4Large financial institutions are most affected, which could indirectly impact consumers through changes in interest rates, fees, and lending availability
• 5Public comment period runs from April 22 to June 24, 2025, allowing banks, consumers, and others to submit feedback before the rule is finalized

Key Dates