CNBC's Leslie Picker joins 'Closing Bell Overtime' with the results of the Federal Reserve's stress test.
BreakdownGenerated by LeadStory AI
- All 22 major US banks tested remained above minimum capital requirements. 14s
- The stress test scenario was more moderate, with a smaller decline in capital ratios than previous years. 27s
- This is the first test with Michelle Bowman as vice chair for supervision, though it was developed before her tenure. 50s
- The Fed is considering regulatory reforms, including averaging stress test results over two years. 1m 14s
- Banks will soon announce how the results impact their plans for dividends and buybacks. 1m 53s