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 ...

In 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act, a major law regulating large ...

The litigation addresses long-standing concerns about the opacity of the Federal Reserve’s stress testing procedures, which ...

Major banks and business groups, including the American Bank Association, sued the U.S. Federal Reserve (Fed) on Tuesday, ...

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 ...

The Federal Reserve is being sued by several groups representing America's biggest banks on allegations that the Fed's annual ...

In bold move challenging regulators’ powers, plaintiffs allege US central bank's ‘stress tests’ of Wall Street firms violate ...

A lawsuit was filed against the Federal Reserve on Tuesday about the stress test and its lack of transparency.

Results of the Fed’s stress tests can have a major impact on bank finances. The Fed uses results to set stress capital buffers mandated to protect against financial shocks. The central bank can also ...

The Bank Policy Institute is leading a group of banks and financial organizations in a lawsuit on Tuesday against the Federal ...

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