Federal Reserve stress-test reforms finalized Wednesday put large-bank scenarios out for public comment each January and average results over two years. Banks now get a say in the inputs to their capital requirements, so the question for shareholders is whether banks release the excess capital they have held against random results.
Reality
- Evidence62
- Adoption
- Insufficient
- Hype gap+10
- Incentives72
- Confidence58
A judge in the Northern District of California ruled on the merits and struck the designation down on constitutional, statutory and APA grounds. For vendor-risk teams, the lesson is that a federal exclusion can be scoped around and can then evaporate.
Perspective Coverage
7 publishers
- Builder
- Builder 26%
- Operator
- Operator 48%
- Investor
- Investor 26%
Reality
- Evidence85
- Adoption
- Insufficient
- Hype gap+10
- Incentives40
- Confidence80
The complaint was filed as a class action, so a ruling for the plaintiffs would reach every applicant the term searches touched. NIH's own head of extramural research has already described the practice in a court filing.
Reality
- Evidence62
- Adoption55
- Hype gap−5
- Incentives70
- Confidence58
Justice Kavanaugh's concurrence faults the implementation calendar and allows that the final USPS regulation may be lawful. The rule the Postal Service already finalized stays available for a cycle with more lead time.
Reality
- Evidence42
- Adoption25
- Hype gap+10
- Incentives55
- Confidence45
Judge F. Dennis Saylor IV found that the Department of Homeland Security promulgated the rule in violation of the Administrative Procedure Act, so universities keep the current duration-of-status regime while the case is heard. The cap is still on the books.
Reality
- Evidence66
- Adoption
- Insufficient
- Hype gap+12
- Incentives55
- Confidence64
More than 60 comment letters flag the same hole: "material financial risk" is the reform's load-bearing concept, and the proposal leaves it blank. That hands discretion back to examiners.
Reality
- Evidence58
- Adoption24
- Hype gap+8
- Incentives62
- Confidence46
Higher education groups have sued DHS over a rule capping international students' and scholars' stay at four years from Sept. 15. Research directors should model the staffing gap now.
Reality
- Evidence58
- Adoption42
- Hype gap+14
- Incentives72
- Confidence55