A source revealed that several large Banks are planning to sue the Federal Reserve over the annual Bank stress tests. The source stated that the lawsuit is expected to be filed this week, possibly as early as Tuesday morning local time. The Fed's stress tests are an annual routine that requires Banks to set aside sufficient buffer funds for bad loans and specifies the scale of Share Buyback and dividends. After the market closed on Monday, the Federal Reserve announced in a statement its plans to adjust the Bank stress tests, but it did not detail the specific adjustments to the annual stress test framework. However, these adjustments may not be enough to alleviate Banks' concerns about heavy capital requirements. The Fed stated, "These proposed adjustments are not intended to have a substantial impact on overall capital requirements." Greg Bell, CEO of the Bank Policy Institute (BPI), representing major Banks such as JPMorgan, Citigroup, and Goldman Sachs, welcomed the Fed's statement, saying in a statement, "The Fed's statement today is the first step toward transparency and accountability." However, Bell hinted that further actions may be taken: "We are carefully reviewing this statement and considering taking other measures to ensure timely reforms that comply with both legal and policy standards."