08:46 AM EST, 12/24/2024 (MT Newswires) -- The biggest banks plan to sue the Federal Reserve over its annual bank stress tests, CNBC reported Tuesday, citing a person familiar with the matter.

A lawsuit could come as early as Tuesday morning, the person reportedly told CNBC.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)