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That change would ease standards of evidence that are already considered lower than those required in regular criminal cases.
Banks in the euro zone continue to tighten credit standards, and in America they have only just begun to ease standards after several years of tightening.
Some bankers contend they were pressured to ease standards because a good Community Reinvestment Act score made it easier to open new branches.
The measure also would ease standards for introducing new antibiotics, even if they haven't been tested on humans, as long as they're directed at "serious or life-threatening infections... in patients with unmet medical needs".
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A survey released on May 2nd by the Federal Reserve found more banks easing standards for consumer loans than at any time since 1994.
While many of the Regents said they continued to believe rigorous standards were needed to drive higher student achievement, some expressed pleasure that the board and the commissioner seemed to be easing standards.
The Bush administration, which had been considering changes that might have eased standards for satisfying the law that expanded opportunities for girls and women in sports, instead reaffirmed yesterday how the law, known as Title IX, is enforced.
Commercial and industrial loans by banks shrank by 24% between October 2008 and March, but have levelled off since then, and Fed surveys have found that for the first time since 2007 banks are easing standards for business loans.
In 2009 — during the heart of the housing crisis — no lenders had eased standards, according to the report, which surveyed 87 banks with assets of $3 billion or more, while 78 percent had tightened them.
It says its job has become more complicated in part because it added more than 940,000 veterans to the compensation rolls in the last four years and covers more conditions — like those linked to Agent Orange and gulf war illness — while easing standards for proving post-traumatic stress disorder.
Indeed, the Federal Reserve's recent Senior Loan Officer Opinion Survey found banks on balance have been easing standards on most types of commercial real estate.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com