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

OCC Announces Enforcement Actions for November 2024

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against…

7 hours ago

Treasury Sanctions Gazprombank and Takes Additional Steps to Curtail Russia’s Use of the International Financial System

Treasury imposes sanctions on dozens of Russian banks, securities registrars, and finance officials; OFAC issues…

23 hours ago

Acting Comptroller Testifies on State of the Federal Banking System

WASHINGTON—Acting Comptroller Michael J. Hsu today testified on the state of the federal banking system…

1 day ago

Remarks by Assistant Secretary for International Finance Brent Neiman on the U.S. Cross-Border Payments Agenda

As Prepared for Delivery Thank you very much for the opportunity to be here today, and…

3 days ago

Remarks by Assistant Secretary for Investment Security Paul Rosen at the Third Annual CFIUS Conference

As Prepared for Delivery Good afternoon.  I’d like to start by thanking our panelists today for…

3 days ago