FSOC Releases March 2 Treasury Meeting Readout

Federal Issues FSOC Department of Treasury

On March 2, Treasury Secretary Steven T. Mnuchin, convened an executive session meeting of the Financial Stability Oversight Council (FSOC), to receive updates on global economic and market developments and initial staff work on the Council’s 2017 annual report. The agenda also included discussions on the “ongoing annual reevaluation of [the Council’s] designation of a nonbank financial company, including the review of materials submitted by the company and engagement with the company.”