Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic ...

the Federal Reserve's stress testing framework violates both the Constitution and federal statutes such as the Administrative Procedure Act, which prohibit agencies from regulating in secret," the ...

The lawsuit comes a day after the Federal Reserve said it was overhauling ... the banks say they don’t want to do away with stress testing but rather ensure that bank capital requirements ...

Consider taking an exam without clear guidelines on what will be assessed. Many students have likely experienced this situation at least once, resonating with the frustration of preparing for an evalu ...

Sometime soon, it’ll probably have to subject its stress tests to public scrutiny, highlighting serious flaws in what has become its primary tool for ensuring the resilience of the banking system.

Marc Rubinstein is a former hedge fund manager. He is author of the weekly finance newsletter Net Interest.

A coalition of major banks and business groups, including JPMorgan, Citigroup, and Goldman Sachs, are suing the fed over its annual bank stress tests.

Goldman Sachs and other banks challenge the Federal Reserve's stress tests, citing lack of transparency and regulatory ...

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.