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 Federal Reserve and several industry groups have agreed to put their lawsuit over stress testing on pause, an outcome that gives all sides a reprieve without sacrificing their legal optionality.
Central banks pride themselves on being data-driven and consensus-based. Surprisingly, though, there is little consensus among policymakers on a crucial issue: how much capital should these ...