U.S. banking regulators have told Congress they are considering reissuing guidelines that were the basis for a crackdown on leveraged lending. The Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. in letters to Rep. Blaine Luetkemeyer (R., Mo. ), a senior member of the House Financial Services Committee, said they may revise and reissue for public comment a 2013 policy document laying out lending standards for leveraged loans to highly indebted companies.

Source: Wall Street Journal December 08, 2017 20:15 UTC