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Mortgage Applications Fall Sharply as Rates Rise
Payments of Up to $1,400 Coming for 1 Million Eligible Taxpayers, IRS Confirms
Federal Reserve Proposes More Transparency in Bank Stress Tests, but Banks Still Sue
Bank Lobbyists Sue Fed Over Stress Test Transparency
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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