Warren Statement on Fed Big Bank Stress Test Results
Washington, DC – United States Senator Elizabeth Warren, Ranking Member of the Banking, Housing, and Urban Affairs Committee, released the following statement on the Fed’s 2025 stress tests result for the biggest banks in the country:
The Fed’s 2025 stress tests just lowered loss-absorbing capital requirements for the largest banks in the country. Today’s action makes it even more dangerous for the Fed to weaken other Wall Street safeguards, like the enhanced supplementary leverage ratio. If the Fed refuses to reverse course, it must – at the very least – re-calculate the eSLR proposal’s now-outdated economic impact analysis so that Congress and the public have an updated picture of how much danger it could pose for our economy.
With President Trump’s economic chaos, the last thing the Fed should be doing is rolling back rules that prevent megabank failures, taxpayer bailouts, and economic devastation for hardworking Americans.
###
Previous Article