A lawsuit was filed against the Federal Reserve on Tuesday about the stress test and its lack of transparency.
The central bank, a day earlier, had said it aims to improve transparency and consider public comment on its stress-testing ...
Some of the nation’s biggest banks and industry groups are suing the Federal Reserve over the annual “stress tests” it uses ...
The Federal Reserve will seek comment on the current stress-testing regime with an eye toward increasing transparency and ...
The Fed on Monday said it planned to overhaul the stress test regime for banks and planned to seek public comment on planned ...
The Federal Reserve is being sued by several groups representing America's biggest banks on allegations that the Fed's annual ...
However, the plaintiffs argue that the current system violates federal law ... standing concerns about the opacity of the Federal Reserve’s stress testing procedures, which the plaintiffs ...
The lawsuit asks the court to declare unlawful the models and scenarios used in the 2024 stress test, as well as those in the 2025 and 2026 versions. The groups also want the Fed to allow for public ...
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 groups said they don't oppose stress tests but that the Fed's ... The suit comes as regulators like the Federal Reserve are facing pressure from a second Trump administration to “regulate ...