CCAR at a turning point, but which way is forward?

Banks sniff an opportunity to push the Fed for more openness over stress test models – and seize capital benefits

Hostilities may have ceased but the battle isn’t over.

A legal dispute between the Federal Reserve and a group of US banking trade bodies over the country’s annual stress-testing regime is on hold, after the warring parties agreed to pause litigation for the next two months.

Now, banks and their lobbyists are on Fed alert, watching how far and how fast the regulator will go in its latest reforms of