The tweet was deleted by the author.
But we saved everything 🙂.
Tweet author, industry influencer, reports that on March 19, 2026, the Federal Reserve, FDIC, and OCC approved several significant changes affecting U.S. banks. According to the tweet, the largest banks saw a 4.8% reduction in core safety buffers, while smaller banks faced reductions of up to 7.8%. The Basel III Endgame requirements were reportedly eased, and stress tests will now use a two-year average approach. Additionally, supervisory headcount was cut by 30%.
The tweet author also mentions that the top 13 U.S. banks currently have around $200 billion in excess capital following these regulatory changes.
Michael A. Gayed has previously commented on high-yield credit markets, noting that bond spreads near 320 basis points indicate neither a crisis nor a smooth path for credit markets in one recent report. In addition, Gayed covered the launch of a GraniteShares ETF offering investors autocallable income with yields exceeding 20 percent earlier this year. These developments add context to ongoing conversations around financial sector resilience and income opportunities.