Political Quotes

Jerome Powell: Our goal of our stress test is to help ensure that we have enough capital to observe losses in a highly stressful…

On the recordJuly 9, 2024
Our goal of our stress test is to help ensure that we have enough capital to observe losses in a highly stressful scenario, and this test shows that we do.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Chair Powell emphasizes the importance of stress tests for bank capital adequacy.

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