A Treasury Department report on regulatory capital requirements for banks and other financial holding companies has been delayed, a spokesman said Thursday.
Announced as part of the Obama administration's plan to overhaul regulation of U.S. financial markets, the report was envisioned as a "fundamental reassessment" of capital requirements for financial firms.
It was supposed to be issued by the end of 2009, but a spokesman said the report is still "in progress" and declined to give a timetable for its completion.