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Big banks sue Federal Reserve over stress tests

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Banks Hit Fed with Lawsuit Over ‘Opaque’ Stress-Test Standards

The Federal Reserve has proposed changes to increase transparency, but banks and business groups want to keep their legal options open

Big banks, business groups sue US Fed over annual stress tests

Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank's annual "stress tests" of Wall Street firms violate the law.

US banks sue Fed over ‘opaque’ stress tests

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 growth.

American Banker1d

Banks sue Fed over stress tests

The Bank Policy Institute, the American Bankers Association and others said proposed changes would address "some if not all" ...

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Fed's stress test forcing banks to hold 'a lot more capital than is warranted': Gene Scalia

Gene Scalia, Fmr. Labor Secretary, joins 'Closing Bell Overtime' to talks the lawsuit banks are filing against the Federal ...

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