Fed’s Bowman Says New Stress Test Proposals Coming Soon

The Federal Reserve’s top bank cop said she soon intends to unveil additional changes to stress tests, a move that Wall Street lenders are likely to cheer.

“We’ve been in the process of introducing incremental proposals to improve the stress testing process and we’ll be in the next week or so introducing another iteration of that,” Fed Vice Chair for Supervision Michelle Bowman said on Tuesday at the Institute of International Finance’s annual gathering in Washington.

Michelle Bowman, vice chair for supervision at the US Federal Reserve, during the 2025 IIF annual membership meeting

Photographer: Samuel Corum/Bloomberg

The central bank has promised Wall Street lenders the benefit of an early peek into certain stress-test models, as the Fed ...