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Big banks sue Federal Reserve over stress tests
The Fed is weighing ‘significant changes’ to its annual stress tests for large U.S. banks to lessen the risk of large year-on-year swings
The Federal Reserve may overhaul its annual stress tests for large U.S. banks to reduce the volatility of the results, but also make them more transparent. While the Fed did not o
Big banks, business groups sue US Fed over annual stress tests
Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank's annual "stress tests" of Wall Street firms violate the law. The lawsuit filed in U.S. District Court in Columbus,
Federal Reserve proposes more transparency in bank stress tests, but banks still sue
Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global financial crisis,
The Spokesman-Review
1d
Bank groups sue Fed over stress tests, seeking transparency
The lawsuit asks the court to declare unlawful the models and scenarios used in the 2024
stress
test
, as well as those in the 2025 and 2026 versions. The groups also want the
Fed
to allow for ...
9h
on MSN
Fed's stress test forcing banks to hold 'a lot more capital than is warranted': Gene Scalia
Gene Scalia, Fmr. Labor Secretary, joins 'Closing Bell Overtime' to talks the lawsuit banks are filing against the Federal ...
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