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Banks strong enough to survive economic shock

Posted at 4:03 AM, Jun 22, 2018
and last updated 2018-06-22 04:03:39-04

The largest banks in the United States have passed Congress' stress test.

The Federal Reserve reports all of the 35 largest U.S. banks are fortified enough to survive an economic shock and keep on lending.

The annual check up was mandated by Congress after the 2008 financial crisis that triggered The Great Recession.