It’s worth thinking about as a Federal Reserve still traumatized by 2008 foists all manner of “stress tests” on banks as a ...
The central bank, a day earlier, had said it aims to improve transparency and consider public comment on its stress-testing ...
To this day it’s said that mark-to-market (MTM) accounting rules are what caused existential troubles for banks and ...
The Federal Reserve is open to changing its stress-testing practices in hopes of heading off potential future legal challenges. On Monday, the Fed said it would ask the public for input next year on ...
The Fed on Monday said it planned to overhaul the stress-test regime for banks and planned to seek public comment on planned ...
Trade groups representing the country’s biggest banks sued the Federal Reserve on Tuesday, accusing it of using an opaque process to test banks’ resiliency during annual stress tests.
The U.S.'s largest banks filed a lawsuit Tuesday against the Federal Reserve over the annual stress test that requires lenders to uphold sufficient reserves for potential loans losses while also ...
The litigation addresses long-standing concerns about the opacity of the Federal Reserve’s stress testing procedures, which the plaintiffs claim lead to excessive and volatile capital requirements.
The Bank Policy Institute sued the Federal Reserve on Tuesday on behalf of ... "For years, we have highlighted serious concerns about the stress testing framework and the need for reform," Greg ...
the Federal Reserve's stress testing framework violates both the Constitution and federal statutes such as the Administrative Procedure Act, which prohibit agencies from regulating in secret," the ...