Board of Governors of the Federal Reserve System

Dodd-Frank Act Stress Tests 2026

Federal Reserve requests comment on proposals to enhance the transparency and public accountability of its annual stress test

Federal Reserve Board announces it will extend until February 21, 2026, the comment period on proposal to improve stress test model and scenario transparency and accountability

Federal Reserve Board finalizes hypothetical scenarios for its annual stress test and votes to maintain the current stress test-related capital requirements until public feedback can be considered

Enhanced Transparency and Public Accountability Proposals Q&As

Stress Capital Buffer Extension Letters

Scenarios

• 2026 Final Supervisory Stress Test Scenarios: PDF
• 2026 Proposed Supervisory Stress Test Scenarios: HTML | PDF
• 2026 Scenario Review of Comments: PDF

Scenario Data and Model Documentation

• 2026 Severely Adverse Market Shock (simplified shocks) (Excel): Proposed | Final
• 2026 Severely Adverse Market Shock (all shocks) (Excel): Proposed | Final
• Map between simplified shocks and all shocks files (Excel)
• 2026 Historic Domestic (CSV): Proposed | Final
• 2026 Historic International (CSV): Proposed | Final
• 2026 Supervisory Baseline Domestic (CSV): Proposed | Final
• 2026 Supervisory Baseline International (CSV): Proposed | Final
• 2026 Supervisory Severely Adverse Domestic (CSV): Proposed | Final
• 2026 Supervisory Severely Adverse International (CSV): Proposed | Final
• Domestic Data Definitions (PDF)
• International Data Definitions (PDF)
• Macroeconomic Model Guide (PDF): Proposed | Final
• GMS Model (PDF): Proposed | Final

Proposed Stress Test Model Documentation

• Model Changes 2025 to 2026 (PDF)
  • 2025 Detailed Nine Quarter Paths (CSV)
  • 2025 Detailed Hypothetical Nine Quarter Paths Under Proposed Models (CSV)
  • 2025 Detailed Nine Quarter Path Data Dictionary (PDF)
• Credit Risk Models (PDF)
• Market Risk Models (PDF)
• Operational Risk Model (PDF)
• Pre-provision Net Revenue Models (PDF)
• Aggregation Models (PDF)
• Supervisory Stress Test Models Glossary (PDF)

Methodology

• 2026 Stress Test Methodology (PDF)