The Federal Reserve stated that the banks tested were able to withstand losses exceeding $700 billion under hypothetical scenarios, with capital declining by only 1.6%, still above the minimum regulatory requirements.

2026-06-25

The Federal Reserve stated that the banks tested were able to withstand losses exceeding $700 billion under hypothetical scenarios, with capital declining by only 1.6%, still above the minimum regulatory requirements.

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2026-06-24

The Hill reports Treasury Secretary Scott Bessent called Commerce Secretary Howard Lutnick "an idiot" during a dispute over preparations for a rare-earth metals transaction under the US-Ukraine natural resources agreement signed April 30, 2025. Lutni

2026-06-24

Fang Xinghai, vice chairman of the China Finance Society, told the 2026 Summer Davos forum on June 24 that U.S. limits on capital inflows have, to some extent, stimulated China’s private equity and venture capital activity. He said China’s high savin