Dodd-Frank included a thing called "TLAC", which is this. A lot of politics happened. In the US we have a "notice and comment" process on proposed regulations

Dodd-Frank included a thing called "TLAC", which is this. A lot of politics happened. In the US we have a "notice and comment" process on proposed regulations. You can see the politics play out in the comments on the Fed's proposed TLAC rules. If you read them, you run the risk of becoming cynical about our political process.