Fed agrees to unveil stress test models in transparency U-turn
US regulator commits to September 30 deadline for new measures
The US Federal Reserve has agreed to fully disclose its stress test models and introduce a suite of transparency measures by September 30, following months of mounting pressure from industry trade groups and legal action over opaque supervisory practices.
In a May 23 court filing, the Fed and banking lobby groups, including the Bank Policy Institute (BPI), agreed to pause ongoing litigation until August 1. The truce comes as the Fed commits to a more transparent regime that would, for the first
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