Tag Archives: Fed

Federal reserve board

News Release: Fed Stress Tests Unleash Bank Capital Distributions at Expense of Financial Stability

The Federal Reserve has announced the results of its 2021 bank stress tests.  Since then, these results have led a steady parade of the largest banks in the country to announce dramatic increases in dividends.  The stress tests will also enable greater share buybacks and other capital distributions by banks. This will enrich senior executives and large shareholders, while putting financial stability at risk.

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Letters to Regulators: Americans for Financial Reform Education Fund letter opposing banking regulators weakening big banks’ resolution planning requirements

Americans for Financial Reform Education Fund sent a letter to banking regulators opposing a proposal that would make the resolution planning process substantially less stringent than it currently is, and raising concerns over the safety and soundness of individual banks and the effect on U.S. financial stability.