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

[BumRushDaShow]

3. The original stress tests took a hit and were revised under the last GOP trifecta in 2018

So many of the "Regional" banks, that tend to be the first to collapse, were exempted from doing any testing due to not meeting the new minimum threshold.

S.2155 - Economic Growth, Regulatory Relief, and Consumer Protection Act

(snip)

TITLE IV--TAILORING REGULATIONS FOR CERTAIN BANK HOLDING COMPANIES

(Sec. 401) The bill amends the Financial Stability Act of 2010, with respect to nonbank financial companies supervised by the FRB and certain bank holding companies, to:

increase the asset threshold at which certain enhanced prudential standards shall apply, from $50 billion to $250 billion, while allowing the FRB discretion in determining whether a financial institution with assets equal or greater than $100 billion must be subject to such standards;
increase the asset threshold at which company-run stress tests are required, from $10 billion to $250 billion; and
increase the asset threshold for mandatory risk committees, from $10 billion to $50 billion.

(snip)