Big banks are suing the Fed over stress tests

Shaina Olesik, Director of banking policy at Better Markets, dives into the contentious lawsuit from big banks challenging the Federal Reserve’s stress tests. She discusses the long-term implications of these tests post-2008 financial crisis and the banks' push for self-regulation. The conversation highlights the tension between ensuring financial stability and protecting consumers, especially in the wake of past bailouts. Olesik also addresses the risks of excluding certain banks from oversight and the broader impact on everyday citizens.