US banking lobby sues Fed over stress test framework

Announcement comes a day after central bank unveiled proposed changes to annual examinations

Topics

Federal Reserve proposes more transparency in bank stress tests, but banks still sue

Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global ...
MarketWatch - 6h
Biggest banks sue the Federal Reserve over annual stress tests

A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current process falls short.
CNBC - 13h
CFPB Sues Rocket Homes Over Alleged Kickbacks

The lawsuit alleged that the real-estate company provided incentives to brokers and agents to steer home buyers to its parent company’s mortgage-lending wing, Rocket Mortgage.
The Wall Street Journal - 1d
As Blake Lively sues 'It Ends With Us' co-star Justin Baldoni, collaborators take her side

Stars including America Ferrera and Amber Heard speak out after Blake Lively sues 'It Ends With Us' director Justin Baldoni for sexual harassment
Los Angeles Times - 1d
U.S. sues Walmart, Branch Messenger over payment accounts for delivery drivers

The CFPB filed a complaint Monday against Walmart and Branch Messenger for allegedly forcing delivery drivers to use costly deposit accounts to get paid.
CNBC - 1d
Sticky inflation creates rift at Fed over how much to cut rates

Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.
MarketWatch - 10h
Texas AG sues NCAA over transgender athletes

Texas has sued the NCAA to stop transgender athletes from competing in women's sports across the state or in sports that involve Texas programs.
ESPN - 1d
Fed says it is weighing changes to bank tests for systemic risk

Overhaul could alter the models for hypothetical losses, averaging results over two years to cut results’ volatility
Financial Times - 1d
Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access

The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay.
NBC News - 1d

US banking lobby sues Fed over stress test framework

Topics

Related

Federal Reserve proposes more transparency in bank stress tests, but banks still sue

Biggest banks sue the Federal Reserve over annual stress tests

CFPB Sues Rocket Homes Over Alleged Kickbacks

As Blake Lively sues 'It Ends With Us' co-star Justin Baldoni, collaborators take her side

U.S. sues Walmart, Branch Messenger over payment accounts for delivery drivers

Sticky inflation creates rift at Fed over how much to cut rates

Texas AG sues NCAA over transgender athletes

Fed says it is weighing changes to bank tests for systemic risk

Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access

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