Fed lays out proposed changes bank stress tests

Core Insights - The U.S. Federal Reserve announced plans to enhance transparency by making its models and scenarios for annual "stress tests" of large banks publicly available and open to feedback [1] Group 1 - The Federal Reserve's initiative represents a significant shift towards greater transparency in the stress testing process for large banks [1] - The move aims to improve the responsiveness of the stress tests to external feedback, potentially leading to more robust financial assessments [1]