Banks Should Have Say in Tougher Stress Test, Rodgin Cohen SaysBy
Top bank lawyer responds to Fed Governor Tarullo's comments
Fed's stress tests have remained `black box,' Cohen says
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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