Market news: Several major banks in the United States plan to sue the Federal Reserve over the annual stress tests

ChainCatcher news, according to market news, informed sources revealed that several large banks are planning to sue the Federal Reserve regarding the annual bank stress tests. The sources indicated that the lawsuit is expected to be filed this week, possibly as early as Tuesday morning local time. The Federal Reserve's stress tests are an annual routine that requires banks to maintain sufficient buffer capital for bad loans and sets limits on the scale of stock buybacks and dividends.

After the market closed on Monday, the Federal Reserve announced in a statement that it plans to adjust the bank stress tests, but it did not specify the details of the adjustments to the annual stress test framework. However, these adjustments may not be enough to alleviate banks' concerns about heavy capital requirements. The Federal Reserve stated, "These proposed adjustments are not intended to have a material impact on overall capital requirements."