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The Fed considers tough new rules for mid-size banks.

The Fed is now wondering whether they went too far in unwinding some of the post-fighting

financial crisis rules for medium-size banks in 2018.

Plus, Ohio sues Norfolk's southern after the East Palestine derailment,

and piles of trash in Paris as pension reform protests continue.

It's Wednesday, March 15. I'm Luke Vargas with the Wall Street Journal,

and here's the AM edition of What's News, the top headlines and business stories

moving your world today.

We are exclusively reporting that the U.S. Federal Reserve is rethinking its rules

for mid-size banks and could potentially extend restrictions that currently only apply

to the biggest Wall Street firms. Those rules, including tougher capital and liquidity

requirements, as well as more rigorous stress tests of banks, could target firms

with between $100 billion and $250 billion in assets.

About two dozen banks within that range currently escape some of the toughest requirements.

We will have a lot more on the Fed's proposed banking regulations,

as well as how Silicon Valley banks' creditors are preparing for a possible bankruptcy

when we speak to journal markets editor Matthew Thomas later in the show.

And one big question that remains is whether the market volatility that was caused

...