Category Archives: Stress Test

Banks’ Progress in Capital Stress Testing Confronts Uncertain Future

By | January 3, 2017

Courtesy of Holly Presley Donald Trump’s surprise election has led many to believe that regulatory relief is on the way for large banks. This optimism has led to a surge in bank stock prices, with the KBW bank index up over 20% since the election. While Treasury Secretary designee Steve Mnuchin has said the new… Read More »

Carmen Segarra and Competing Visions of Bank Supervision

By | October 25, 2016

The below are edited remarks from a speech I delivered at the Rethinking Regulation Seminar hosted by Duke University’s Kenan Institute for Ethics on October 25th, 2016. Today I will talk about an episode that occurred early in my tenure at the New York Fed.  And I tell this story not simply because it is… Read More »

If Banks Sue the Fed Over Stress Tests, Will They Win?

By | October 7, 2016

Last month, the Wall Street Journal published an article indicating several big banks were considering a legal challenge to the Federal Reserve’s annual stress testing exercise based on a violation of the Administrative Procedure Act (“APA”).  The article was short on details, and to those familiar with the APA –  the statutory scheme governing all… Read More »