Geithner stresses need for SLR reform to restore UST liquidity
Returning leverage ratio to backstop role is “not rocket science”, says former Treasury secretary
Former US Treasury secretary Tim Geithner has urged US bank regulators to modify the supplementary leverage ratio (SLR) to help stabilise the US Treasury market.
Reform of the SLR was the lead recommendation in a report published today (June 30) by the Group of 30 (G30), a think-tank consisting of former senior regulators, academics and finance executives.
“There are lots of ways to do it. It’s not rocket science, and the returns on doing it, we think, are pretty high,” Geithner said at a
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