The Federal Reserve Board of Governors passed the annual stress test revision with a vote of 6-1. Michelle Bauman, the Vice Chair of Regulatory Affairs at the Federal Reserve, stated that the reform has maintained the robustness of stress tests by ensuring that they are more transparent, refined, and risk sensitive. The two rules ultimately determined by the Federal Reserve are basically consistent with the rules proposed in 2025, and opinions are sought on a plan aimed at reflecting the differences in bank fee income business models.