The results of the Federal Reserve’s 2019 Dodd-Frank Act stress test (DFAST) indicated that the nation’s largest bank holding companies are well-equipped to handle a severe financial downturn should one occur.
The number of firms participating in the 2019 DFAST is roughly half the number that participated in 2018, thanks to the passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA) in May 2018.
Find out more details about the first half of the latest stress test results.