The Federal Reserve stated on Monday that Wall Street banks will have the opportunity to comment on a series of adjustments to the Federal Reserve's annual bank stress tests. The Federal Reserve indicated that it will seek public input on the models used to determine hypothetical losses and income for banks under stress conditions. Proposed reforms also include averaging the results of the tests over two years to reduce the annual variability of capital requirements stemming from the stress tests. The Federal Reserve stated in a news release: 'These proposed adjustments will not have a material impact on overall capital requirements.' The Federal Reserve analyzed the current stress tests and decided to adjust them to enhance resilience. Regulators plan to initiate a public comment process on potential adjustments to the stress tests in early 2025.