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Big banks all pass the Federal Reserve's stress tests, but the tests were less vigorous this year

Associated Press

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FILE - An U.S. flag flies over the Federal Reserve building on May 4, 2021, in Washington. (AP Photo/Patrick Semansky, File)
Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Wednesday, June 18, 2025. (AP Photo/Mark Schiefelbein)

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FILE - An U.S. flag flies over the Federal Reserve building on May 4, 2021, in Washington. (AP Photo/Patrick Semansky, File)