[Federal Reserve's Barr Proposes Customization of Bank Capital Requirements] Federal Reserve Governor Barr has proposed separating bank capital requirements from stress test results and customizing them based on the individual circumstances of each bank. He emphasized that regulators should maintain the rigor of stress tests and avoid formulaic capital requirements that weaken their specificity. Stress tests, introduced after the 2008 financial crisis, aim to assess banks' ability to withstand economic shocks, a measure Barr has consistently supported.