Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic crises, using hypothetical scenarios such as when the unemployment rate ...
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.
In the years after the Great Recession, banks chose to keep some $420 billion in their reserves rather than loan it out to ...
The Fed’s top bank cop, Michael Barr, is stepping down early to avoid a legal battle with Trump. If the Federal Reserve is ...
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...
The Bank Policy Institute ... The suit comes as regulators like the Federal Reserve are facing pressure from a second Trump administration to “regulate with a lighter touch,” Bloomberg ...
Dec. 24 (UPI) --A group of banks and financial organizations sued the Federal Reserve Tuesday over a lack of transparency in its annual stress tests. The Bank Policy Institute, which represents ...
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current process falls short of its goals. The suit comes from the Bank Policy ...
The Federal ... on the Federal Reserve's Board of Governors. The decision follows a tumultuous tenure marked by Barr's push for stricter regulations on major U.S. banks, including JPMorgan Chase.
Michael Barr is stepping down as the Federal Reserve's vice chair of supervision next month. He will continue to serve on the ...
Trade 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 ...