Under a lawsuit threat, the bank regulator agrees to change its bank capital tests.
In 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act, a major law regulating large ...
The Bank Policy Institute (“BPI”), consisting of major banks like JPMorgan JPM, Citigroup, Inc. C, and The Goldman Sachs Group, Inc. GS, has filed a lawsuit against the Federal Reserve over the annual ...
The litigation addresses long-standing concerns about the opacity of the Federal Reserve’s stress testing procedures, which ...