U.S. Bancorp
U.S. BancorpSupportBusiness
Summary: U.S. Bancorp supports the fundamental objectives of the proposed regulatory capital framework, which aims to enhance risk sensitivity and reduce complexity. However, the bank requests specific modifications to the transition periods for AOCI, the risk weight calibration for mortgage servicing assets, and the definitions of "commitments" and "unconditionally cancelable" to ensure the rules remain aligned with underlying economic risks.
U.S. Bancorp is pleased to submit the attached comment letter on the notice of proposed rulemaking (Docket ID OCC-2026-0265) issued jointly by the Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System and Federal Deposit Insurance Corporation amending the interagency regulatory capital rules.