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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 - 1d -
Ex-Eagles player pleads guilty to federal fraud charges related to pandemic aid programs
Former Philadelphia Eagles running back Wendell Smallwood Jr. is facing sentencing after he pleaded guilty to federal fraud chargesABC News - 1d -
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 - 1d -
How Google Maps Makes It Harder for Palestinians to Navigate the West Bank
One user told WIRED that Google Maps directed them to “drive right into a wall that’s been up since 2003.”Wired - 2d -
Former Philadelphia Eagles running back pleads guilty to fraud charges
Former Philadelphia Eagles running back Wendell Smallwood Jr. pleaded guilty to federal fraud charges.CBS News - 1d -
US banking lobby sues Fed over stress test framework
Announcement comes a day after central bank unveiled proposed changes to annual examinationsFinancial Times - 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’ volatilityFinancial Times - 2d