Federal Reserve Governor Bowman: The Fed Plans To Expand The Use Of Stress Tests In The Future To Provide Internal Reference Information On Bank Risks To Fed Regulators

Federal Reserve Governor Bowman: The Fed Expects To Complete Revisions To The Basel Banking Capital Rules And Adjustments To The Additional Capital Requirements For Global Systemically Important Banks (GSIB Surcharge) By The End Of This Year

Federal Reserve Governor Bowman: The Federal Reserve Will Use The Average Of The Bank’s Two Most Recent Stress Test Results When Determining A Bank’s “stress Capital Buffer” In The Future

Federal Reserve Governor Bowman: The Revised Stress Test Will Provide Detailed Information On The Test Model And Scenario Settings

Federal Reserve Governor Bowman Stated That The Fed Will Finalize Its Reform Plan "in The Coming Weeks" To Improve The Transparency And Accountability Of Bank Stress Tests. These Adjustments Will Make Stress Tests More Reliable And Reduce The Volatility Of Bank Capital Requirements

Federal Reserve Governor Bowman: A "risk-averse Culture" Among Federal Reserve Supervisors Has Led To Inaction, A Problem Further Exacerbated By The Lack Of Clarity Regarding Decision-making Authority

Federal Reserve Governor Bowman: The Regulatory Delay Did Not Stem From The Fed’s Previous Efforts To Deregulate Regulations

Federal Reserve Governor Bowman: Federal Reserve Supervisors Should Have Been Aware Of Silicon Valley Bank's Vulnerabilities As Early As March 2022—more Than A Year Before The Bank Collapsed

Federal Reserve Governor Bowman: Silicon Valley Bank's Failure Was Due To A Confluence Of Vulnerabilities, Including Real But Unrealized Accounting Losses

ECB Governing Council Member Sleipön: Central Banks Must Be Ready To Take Necessary Actions At Any Time

White House Officials: President Trump Will Announce That All 50 States, The District Of Columbia, And Puerto Rico Will Be Included In The Medicaid Drug Pricing Program Model

Venezuelan Interim President Rodriguez: Venezuela And The United Kingdom Are Opening A New Chapter In Bilateral Relations