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2020 CCAR Resubmission


The past six months have brought unprecedented economic volatility. As a result, the FRB recognized that the variables elucidated in the initial 2020 CCAR submission did not accurately represent current market conditions (unemployment statistics, interest rates, etc.). This led the FRB to conduct its own sensitivity analysis to assess the economic strength and resilience of the US Banking System, prompting the announcement of a CCAR resubmission by November 2020.