Fed Change Should Make Tests Less Stressful For Most Banks

Fed Change Should Make Tests Less Stressful For Most Banks

June 21, 2017, Law360

Randy Benjenk is quoted in a Law360 article regarding how a change in the way the Federal Reserve evaluates a bank's ability to withstand financial shock could provide some relief to the stress testing process. According to Benjenk, “The quantitative results of [the Dodd-Frank Act Stress Tests] this year will be a better indicator of whether the regional banks will have objections to their capital plans."