The U.S. Federal Reserve has proposed easing regulations for banks with less than 700 billion dollars in assets.<br />Under the proposal, banks that are big, but not as big as Wall Street mega-banks, would enjoy reduced liquidity and compliance requirements.<br />Smaller banks would get even easier treatment and face fewer stress tests of their capital plans than the annual exam the Fed now conducts.<br />Wednesday's proposal is the latest move by federal regulators to relax government oversight of financial firms in line with President Donald Trump's objectives. <br />One Fed governor, Lael Brainard, voted against the proposal, arguing it would raise the risk of another taxpayer bailout of big banks. <br />
