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 ...
The Federal Reserve has proposed changes to increase transparency, but banks and business groups want to keep their legal options open ...
"Barr's resignation of the vice chair role, while remaining a governor, is actually very clever," Graham said. "It preserves ...
The lawsuit came a day after the Fed announced it aims to address two of the issues the lawsuit highlights: stress-test ...
Under a lawsuit threat, the bank regulator agrees to change its bank capital tests.
The U.S. Federal Reserve said on Monday it was considering major changes to its annual bank "stress tests" in light of recent ...
The lawsuit follows the Fed’s recent announcement to overhaul its stress test regime and seek public input on proposed ...
the Fed said. Under the revised system, the models that determine hypothetical bank losses would be open to public comment, as would be the hypothetical stress scenarios used in each year's test.
The Federal Reserve faces a legal challenge from a group of banking industry lobbyists, including the Bank Policy Institute and the US Chamber of Commerce. The consortium alleges that the central bank ...
Major banks and business groups sued the Fed on Tuesday, alleging the U.S. central bank's annual "stress tests" of Wall ...
The Bank Policy Institute, the American Bankers Association and others said proposed changes would address "some if not all" of banks' concerns about stress tests, but they are filing the lawsuit to ...
"The framework of administrative law has changed significantly in recent years," the Fed stated. "The board analyzed the current stress test in view of the evolving legal landscape and determined to ...