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Biggest banks planning to sue the Federal Reserve over annual stress tests

CNBC
Summary
Nutrition label

84% Informative

The biggest banks are planning to sue the Federal Reserve over the annual bank stress tests.

A person familiar with the matter says a lawsuit is expected this week and could come as soon as Tuesday morning .

The Fed 's stress test is an annual ritual that forces banks to maintain adequate cushions for bad loans and dictates the size of share repurchases.

VR Score

90

Informative language

92

Neutral language

80

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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