Categories: U.S. Treasury

Readout of Call of President’s Working Group on Financial Markets

WASHINGTON – Today, U.S. Treasury Secretary Steven T. Mnuchin convened a call of the President’s Working Group on Financial Markets to discuss recent market conditions and activity.  The group shared updates on the resilience of the markets and the economic impact of COVID-19.  This group includes a subset of the full FSOC.  Participants on the call included Secretary Mnuchin, Board of Governors of the Federal Reserve System Chair Jerome Powell and Vice Chair Randal Quarles, Federal Reserve Bank of New York President John Williams, SEC Chairman Jay Clayton, CFTC Chairman Heath Tarbert, Comptroller of the Currency Joseph Otting, and FDIC Chairman Jelena McWilliams.  

The FSOC will meet on March 23 for an open meeting to discuss similar issues. 

####

IR Press

Share
Published by
IR Press

Recent Posts

Treasury Issues Final Rule Expanding CFIUS Coverage of Real Estate Transactions Around More Than 60 Military Installations

WASHINGTON – Today, the U.S. Department of the Treasury (Treasury), as Chair of the Committee…

2 days ago

U.S. Department of the Treasury’s CDFI Fund and Federal Housing Finance Agency Collaborate to Bolster CDFI Access to Capital

WASHINGTON—Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) and…

2 days ago

Report on U.S. Portfolio Holdings of Foreign Securities at Year-End 2023

Washington – The findings from the annual survey of U.S. portfolio holdings of foreign securities…

3 days ago

READOUT: U.S. Department of the Treasury Hosts Roundtable Discussion on the Financial Sector’s Response to Recent Hurricanes

WASHINGTON – The U.S. Department of the Treasury hosted a roundtable on October 30 with…

3 days ago

READOUT: Sixth Meeting of the Financial Working Group Between the United States and the People’s Republic of China

WASHINGTON – The United States and the People’s Republic of China held the sixth meeting…

3 days ago

Treasury Sanctions Key Members of La Linea, a Group Involved in Trafficking Fentanyl into the United States

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned…

3 days ago