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Biggest banks sue Federal Reserve over annual stress tests

Hosted on MSN · 1d

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.

MarketWatch on MSN · 1d

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,

Banks And Business Groups Challenge Fed's Stress Test Rules

The lawsuit follows the Fed’s recent announcement to overhaul its stress test regime and seek public input on proposed ...

1don 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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