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Under a lawsuit threat, the bank regulator agrees to change its bank capital tests.
Major banks sued the Federal Reserve over opaque stress tests. Lawsuit claims lack of transparency hinders economic growth ...
The lawsuit, filed in an Ohio court, comes just a day after the Federal Reserve had sought to stave off the lawsuit by vowing to make changes to bank stress tests. The groups said the changes would ...
The Federal Reserve doesn’t allow for appropriate public input when designing bank stress tests, bank trade groups said in a ...
A lawsuit is expected this week and could come as soon as Tuesday morning, a person familiar with the matter said.
Lawsuit challenges Fed's stress test procedures and transparency Supreme Court rulings embolden banks to challenge regulatory powers Fed plans changes for 2025 exams amid ongoing industry concerns ...
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 United States Federal Reserve doesn’t allow for appropriate public input when designing bank stress tests, bank trade groups said in a lawsuit seeking to force the central bank to open the design ...
A business coalition led by large US banks filed suit Tuesday against the Federal Reserve, criticizing the central bank's annual stress test implementation as "opaque" and detrimental to economic ...
The Federal Reserve is considering significant changes to its annual bank stress tests to improve transparency and reduce the volatility of resulting capital buffer requirements, citing the ...