Rodgin Cohen Discusses Federal Reserve Stress Tests on Bloomberg Daybreak: AmericasJuly 16, 2019
S&C senior chairman Rodgin Cohen was interviewed on Bloomberg Americas: Daybreak to discuss his views on the strength of the banking system after eighteen U.S. banks passed the Federal Reserve's stress tests. Speaking on the results of the tests, Rodgin said, “The banking system today is very strong. If you look at the results of the stress tests… every bank passed. And passed, in most cases, with substantial margin – and the stress was enormous.”
When asked whether any banks should not have passed, Rodgin responded, “I don't believe there are weak spots.”
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