Core Viewpoint - The Federal Reserve's decision to cut the enhanced supplementary leverage ratio is criticized for potentially leading banks to prioritize shareholder returns over lending to businesses and households [1][4]. Group 1: Regulatory Response - Senator Elizabeth Warren and 10 Democratic senators have requested more rigorous data and analysis from regulators to justify the Federal Reserve's proposal [2]. - Warren has directly communicated with the six largest global systemically important financial institutions regarding their planned dividend increases and share repurchase programs following this year's stress tests [3]. Group 2: Criticism of Bank Behavior - Warren and Senator Bernie Sanders argue that instead of increasing lending or lowering interest rates, banks like JPMorgan are rewarding shareholders and increasing executive compensation, which undermines financial stability and economic growth [4]. - The Bank Policy Institute's campaign in 2023 is highlighted as an effort to counteract proposals for higher capital requirements, which they claim would limit banks' ability to provide loans [4][5]. - Warren and Sanders assert that the rhetoric from big bank lobbyists suggesting lower capital requirements lead to more lending is misleading, supported by historical empirical evidence [5].