Fed's Yellen: 2017 stress tests will have extra info on how Fed cconducts qualitative part of test

In a letter to Lawmakers, the Federal Reserve Chairwoman Janet Yellen said that this year's stress tests will have extra information on how the Fed conducts qualitative part of the test.

Key quotes (via Reuters)

• Will give specific examples from past years' problems in firms' capital planning practices
• Fed will commit to release CCAR instructions at the same time as supervisory scenarios by Feb 15
• Would be concerned about releasing all details on the CCAR models to banks