Banks Should Have Say in Tougher Stress Test, Rodgin Cohen Says

  • Top bank lawyer responds to Fed Governor Tarullo's comments
  • Fed's stress tests have remained `black box,' Cohen says

Rodgin Cohen: Public Comment Needed on Fed Stress Tests

The largest U.S. banks should be able to weigh in before the Federal Reserve makes capital requirements under its annual stress test even tougher, said H. Rodgin Cohen, senior chairman of New York-based law firm Sullivan & Cromwell LLP.

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