The U.S. Federal Reserve's proposal to relax bank capital requirements is facing significant opposition from the Federal Deposit Insurance Corporation (FDIC). The proposal, which suggests nearly 20% capital increases for U.S. banks, has been criticized for going beyond the capital increases of 1-3% seen in the UK and Europe. At least three out of five FDIC directors, including both Republican board members and the left-leaning Rohit Chopra, oppose the plan. Critics argue that without stronger rules, the risk of another financial crisis and subsequent bank bailouts will increase. A recent Bloomberg editorial criticized U.S. regulators’ effort to repropose their Basel Endgame rule, characterizing it as a retreat from necessary capital increases.