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Associations file suit challenging Fed’s stress-testing framework – Oklahoma Bankers Association

Summary by oba.com
Various association, including the American Bankers Association, The Bank Policy Institute, Ohio Bankers League filed litigation in late December against the Federal Reserve, challenging aspects of the stress testing framework the Fed uses to establish certain bank capital requirements. The lawsuit is focused on the lack of transparency in the current stress testing process, with the groups challenging the “opaque aspects” of the framework and c…
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