Federal Reserve moves to rework stress tests for big banks

The Federal Reserve moved Tuesday to rework the stress tests and capital requirements that apply to big banks, the first such significant revision of the post-crisis bank rules under President Trump.

The central bank’s Board of Governors asked for comment Tuesday on a proposal to combine a part of the capital rules that apply to big banks with the annual stress tests that the banks face. It said the proposal would increase capital requirements for the handful of megabanks, such as JPMorgan Chase and Goldman Sachs, while “modestly” lowering them for others.