Tagged: fsoc

June 16, 2023 @ 7:35 pm By JD Alois  |  

The commercial real estate (CRE) market is struggling a bit as the work-from-home (WFH) movement, combined with the flight of businesses away from certain markets that were once hot, has caused some observers to predict calamity at some point in the not-so-distant future. We have… Read More

April 21, 2023 @ 12:22 pm By JD Alois  |  

The Financial Stability Oversight Council (FSOC) today voted unanimously to issue for public comment a proposed analytic framework for financial stability risks.  The framework aims to address potential risks to financial stability. At the same time, FSOC voted unanimously to issue for public comment new… Read More

December 16, 2022 @ 4:27 pm By JD Alois  |  

The Financial Stability Oversight Council (FSOC)  has identified 14 specific financial vulnerabilities impacting the markets in its annual report. The Council incorporates the participation of all the major US financial regulators, including the Secretary of the Treasury, who acts as the Chair of the Council…. Read More

October 3, 2022 @ 7:20 pm By JD Alois  |  

The Financial Stability Oversight Council has published the expected Report on Digital Asset Financial Stability Risks and Regulation. According to the US Department of Treasury, the Council voted unanimously to approve the report in response to President Biden’s Executive Order 14067, “Ensuring Responsible Development of… Read More

November 30, 2021 @ 9:55 am By JD Alois  |  

The Secretary of the Treasury Janet Yellen has provided responses to questions put forth by Senator Pat Toomey – the ranking Republican on the Senate Banking Committee. The questions are in follow-up to a recent hearing at the Committee. Yellen, along with Fed Chairman Jerome… Read More

December 10, 2020 @ 11:52 am By JD Alois  |  

The US Department of Treasury has published the annual FSOC report. The Financial Stability Oversight Council convenes every year to review potential systemic risks to the financial services industry. FSOC members include the top financial services regulators including the SEC, the Fed, the OCC, etc…. Read More

December 10, 2020 @ 11:16 am By JD Alois  |  

The US Department of Treasury has posted the annual Financial Stability Oversight Council (FSOC) report and financial innovation is a prominent part of the document. FSOC was established by the Dodd-Frank Act and is charged with three primary purposes: To identify risks to the financial… Read More

February 22, 2018 @ 4:58 pm By JD Alois  |  

The Financial Stability Oversight Council (FSOC) includes every top financial regulator in the US government representing various agencies and a handful of state regulators. Chaired by the Secretary of the Treasury, Steve Mnuchin, FSOC has statutory mandate that creates for identifying risks and responding to… Read More

September 17, 2016 @ 11:36 am By JD Alois  |  

The House Financial Services Committee, chaired by Congressman Jeb Hensarling, has booked a busy schedule next week. Included on the list of hearings is a visit from Secretary of the Treasury Jack Lew. Testifying on Thursday, September 22nd at 10AM, Lew will be addressing the… Read More