ABA, associations recommend revisions to Fed stress test proposal
By ABA Banking Journal Staff
AI Summary
The Federal Reserve’s stress test proposal is seen as a positive step but needs further revisions; the ABA and five other associations recommend changes to better align capital charges with risk. The letter does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities.
Texas Relevance
The article does not specifically mention Texas, TX, TCUD, or any Texas-specific entities. It discusses a federal proposal applicable to all credit unions but does not address Texas-specific regulations or requirements.
Original Content
The Federal Reserve’s stress test proposal is an encouraging step toward transparency, but further changes would help the agency more fully realize its goal of a more objective process that aligns capital charges with risk, ABA and five other associations said in a joint letter. The post ABA, associations recommend revisions to Fed stress test proposal appeared first on ABA Banking Journal .