WASHINGTON, D.C. — The Federal Reserve is reportedly considering a scaled-back version of a Biden-era proposal to raise capital requirements for the nation’s largest banks, according to a Bloomberg News report published Wednesday.The updated plan, shared with other U.S. regulators, would significantly ease earlier requirements that Wall Street’s top lenders had strongly opposed. Under the revised framework, big banks could see their total capital requirements rise by only 3% to 7%, compared to the 19% increase previously outlined under the draft Basel III rules introduced in 2023.The new proposal...