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ABA: The American Bankers Association
Statement
  • For Immediate Release
  • June 28, 2023

ABA Statement on Federal Reserve Stress Test Results

“The Federal Reserve’s latest stress test results confirm what top regulators have repeatedly stated — America’s banks remain strong and the tested institutions have built up significant capital reserves that will allow them to continue lending and supporting our economy even under the most severe economic conditions. Policymakers should keep today’s results front and center before they consider new Basel capital requirements that would only make it harder for banks of all sizes to meet the needs of their customers, clients and communities.”

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $23.7 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $18.8 trillion in deposits and extend $12.5 trillion in loans.

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