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Bowman: The Future of Stress Testing and the Stress Capital Buffer Framework
Thank you for the invitation to join you. Given the recent conclusion of the Board's stress test, it seems timely to share my thoughts on the stress testing program. In the past, I have noted reservations about the stress testing process, so today I'd like to discuss in greater detail the benefits, challenges, and issues I would like to see resolved as the stress testing program evolves in the future. Earlier this summer, the Board announced the results of the supervisory stress tests. At a high level, all 31 banks subject to the test remained above their minimum common equity tier one (CET1) capital requirements ... (full story)
Added at 12:17pm
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FED'S BOWMAN: CONCERNS FOR STRESS TESTS INCLUDE VOLATILITY & TRANSPARENCY.
— FinancialJuice (@financialjuice) September 10, 2024