Treasury Announces FSOC Executive Session on May 8

Federal Issues Agency Rule-Making & Guidance FSOC Department of Treasury Living Wills

Earlier this week, the Treasury Department announced that on Monday, May 8, Secretary Mnuchin will preside over an executive session of the Financial Stability Oversight Council (FSOC). According to a Treasury Department press release, the preliminary agenda includes:

• a discussion of the April 21 Presidential Memorandum on Council designations;
• an update on the annual reevaluation of the designation of a nonbank financial company;
• a discussion of interagency regulatory collaboration and the Feb. 3 Executive Order on core principles for financial regulation;
• a discussion of the FSOC’s 2017 Annual Report; and
• an update on bank holding companies’ living wills and resolution planning.

Consistent with FSOC’s transparency policy, the meeting may be made available via live webcast and/or can be viewed after it occurs. Meeting minutes for the most recent Council meeting are generally approved at the next Council meeting and posted online soon afterwards.

Meeting minutes for past Council meetings are available here.

Readouts for past Council meetings are available here.