Politics & Government

May 1, 2009 5:38 PM

U.S. delays release of bank stress tests, fueling concerns

The Obama administration and the Federal Reserve have pushed back until May 7 the release of much-anticipated results on how the nation's 19 biggest banks performed under so-called stress tests. The White House on Friday downplayed the delayed results, but many worried it boded ill for banks that might have to raise more capital.

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