The Trump administration is preparing to ease rules imposed on the largest US banks following the 2008 financial crisis, Politico said, citing people with knowledge of the discussions.

Regulators are close to completing a proposal that would reduce the size of the capital cushion that the biggest lenders must maintain to absorb potential losses and remain solvent in periods of economic stress, Politico reported Saturday.

The Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. are developing plans that may be released in “coming months,” Politico reported, citing people who asked not to be identified because the plans aren’t yet public. The regulators declined to comment to the publication on the proposal.

Treasury Secretary Scott Bessent said this month on Bloomberg Television’s Wall Street Week with David Westin that US regulators this summer may ease a rule that’s served as a constraint on banks’ trading in the $29 trillion Treasuries market. He noted that the Fed, the OCC and the FDIC are addressing the issue.