FSOC secrecy News

Outgoing Treasury Secretary Lew Sticks Up for Financial Stability Council

U.S. Treasury Secretary Jack Lew on Wednesday offered a heartfelt defense of the Financial Stability Oversight Council made up of the heads of the major regulatory agencies, which is often criticized by Republicans and could be under threat next year. …

Systemic Risk Panel to Show Lawmakers Why Some Insurers Are Too Big to Fail

U.S. regulators will disclose to lawmakers more than 1,400 pages of documents explaining why companies such as American International Group Inc. and MetLife Inc. are subject to tougher oversight. The Financial Stability Oversight Council is providing the papers after Republicans …

House Bill Targets Systemic Risk Panel Transparency

A Republican congressman and a Democratic colleague have introduced a bill to shed more light on the workings of the Financial Stability Oversight Council, which watches for emerging threats to market stability. The draft bill by Florida Republican Dennis Ross …