On Wednesday, the Federal Reserve Board said 23 banks passed its annual stress test, which policymakers explained shows that large banks are well positioned to weather a severe recession and continue ...
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to “upend” bank stress testing framework, in a Monday letter in which they ...
All 23 banks met minimum capital requirements under a hypothetical recession in the Federal Reserve's 2023 bank stress tests and would still be able to lend in a severe recession, the U.S.'s central ...
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