The US Federal Reserve Board will keep existing stress capital buffer requirements until 2027 to incorporate public feedback. 32 banks will face stress tests measuring their ability to handle a severe economic downturn, including a deep global recession and risks in real estate and corporate debt. The Fed emphasizes these scenarios are not economic predictions. Banks with large trading operations must also prepare for market shocks. Fed Vice Chair Bowman aims to improve transparency and fairness in supervisory models. President Trump nominated Kevin Warsh as Federal Reserve Chair while Jerome Powell is under investigation.
Read more at Yahoo Finance: US Fed delays stress test updates until 2027
