WASHINGTON – Today, the Financial Stability Oversight Council (Council) convened in executive session by videoconference.
At the meeting, the Council heard a presentation from Treasury staff on the recently issued progress report by staff of agencies participating in the Inter-Agency Working Group on Treasury Market Surveillance.
The Council also received an update from Treasury staff on the report on stablecoins issued by the President’s Working Group on Financial Markets. Council members discussed the recommendations in the report, which called for Congressional action to address potential risks as well as interim measures that could be taken by regulatory agencies.
The Council also received an update from Treasury staff on the development of the Council’s 2021 annual report.
The Council also voted to approve the minutes of its previous meeting on October 21, 2021.
In attendance at the Council meeting by videoconference were the following members:
Additional information regarding the Council, its work, and the recently approved meeting minutes is available at http://www.fsoc.gov.
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