[Wall Street Urges U.S. Regulators to Further Ease Basel Accord] BlockBeats News, June 18, according to the Financial Times, Wall Street financial institutions are pressuring U.S. regulators, warning that the proposed implementation of the Basel Accord's global bank capital requirements could weaken liquidity in the U.S. Treasury market. They are urging authorities to reconsider the proposal to manage market risks. Concerns over potential instability in the $29 trillion U.S. Treasury market have become the latest lobbying focus for the U.S. banking industry as Washington pushes to implement global regulatory rules. These rules stem from the international banking risk framework established after the 2008 financial crisis. Under pressure from the banking industry, the Federal Reserve and other regulators have significantly softened the original proposal, making it unlikely that the rules will substantially increase overall capital requirements for U.S. banks and may even lower capital levels. However, Wall Street institutions are still pushing for further adjustments. According to the content of a letter, estimates from eight major U.S. banks suggest that the latest proposal would increase capital requirements for banking operations in this sector by 30% to 89%.