Weekly Washington Policy Pulse: Final Leverage Ratio Rule, Crypto Bill Odds (Nov. 17, 2025)

A preview of what a final leverage ratio rule -- which we think will be released before the end of the year -- led Bloomberg Intelligence's Washington Policy Pulse on Nov. 17. The change will likely cut Tier 1 capital for banks like Morgan Stanley, Goldman Sachs and Bank of America. We also discussed chances of a crypto bill passing in 4Q -- key for platforms like Coinbase and Robinhood. We also discussed the potential for $13 billion of aid for US farmers as well as a status update on the National Defense Authorization Act.The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington D.C.The call is open to all and is held every Monday at 10:00 a.m. EST. You can register for the call here: https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registrationSee omnystudio.com/listener for privacy information.