“The Board’s lack of transparency results ... Some groups think the Federal Reserve shouldn’t amend the stress test regime. “The Fed all but stated it intends to give the Wall Street ...
On June 23, the Federal Reserve Board issued the aggregate and individual results of the supervisory stress test (also known as the Dodd-Frank Act Stress Test or DFAST, as these tests are required ...
T rade 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 ...
You may have heard of bank “stress tests,” which are annual reviews ... The FOMC consists of the seven members of the Federal Reserve Board, the president of the New York Federal Reserve ...
The incoming head of supervision would also have a major say on whether to proceed with the Fed’s 2023 proposal for long-term debt requirements for large banks. At the time, the regulator proposed to ...
U.S. President Donald Trump will nominate Federal Reserve Governor Michelle Bowman for vice chair of supervision. Bowman, known for her community banking background and regulatory criticisms, replaces ...
Trade groups representing the U.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 Board's lack ...