Federal Reserve Proposes More Transparency in Bank Stress Tests, but Banks Still Sue

MarketWatch16:45 ET

It is not enough to force the Federal Reserve to issue a statement of "surrender"! Wall Street has directly taken them to court.

① Due to dissatisfaction with the lack of transparency in the Federal Reserve's annual stress testing process, an organization representing the Bank of America has taken the Federal Reserve to court; ② This also marks a significant escalation in the intensity of the conflict between Wall Street and the Federal Reserve over the past two years.

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