FSOC

BankThink Mnuchin's ill-advised plan on nonbank SIFIs

Gregg Gelzinis
Research Assistant for the Economic Policy team Center for American Progress

The Treasury secretary has suggested raising an asset cutoff used by the Financial Stability Oversight Council to assess systemically significant nonbanks, removing some hedge funds and other risky firms from the council's purview.

SIFIs April 10

SIFIs April 10
FSOC to consider whether Zions is still systemically important

The Financial Stability Oversight Council will hold an executive session next week to consider whether Zions Bancorp. should still be considered a systemically important financial institution.

FSOC John Heltman April 5

FSOC John Heltman April 5
FSOC will grant banks hearing process for shedding 'systemic' label

The interagency will establish a venue for bank holding companies that restructure to argue in favor of their being dedesignated as "systemically important," similar to the process afforded other firms.

SIFIs John Heltman March 13

SIFIs John Heltman March 13
BankThink Prudential hasn't earned the right to shed SIFI label

Jeremy Kress
Lecturer Ross School of Business

The insurance company has made no effort to shrink or simplify since being designated as systemically important, and regulators should not remove heightened federal oversight until it does.

SIFIs March 13

SIFIs March 13
Senate panel approves Trump’s pick for FDIC chair, two other nominees

The full Senate will now consider the nomination of Jelena McWilliams to lead the FDIC, as well as nominees to sit on the Federal Reserve Board and the Financial Stability Oversight Council.

Regulatory reform Ian McKendry February 8

Regulatory reform Ian McKendry February 8
Lawmakers press Mnuchin over GSE reform, reg relief and cyber threats

The government must continue to provide support for the mortgage market in any new housing finance system, Treasury Secretary Steven Mnuchin said Tuesday.

Housing finance reform John Heltman January 30

Housing finance reform John Heltman January 30
BankThink Don’t put SIFI designations on the back burner

Gregg Gelzinis
Research Assistant for the Economic Policy team Center for American Progress

The Financial Stability Oversight Council should ignore two recent Treasury Department recommendations regarding the labeling of systemically risky nonbanks.

Nonbank January 29

Nonbank January 29
Four takeaways from grilling of FDIC, Fed nominees on Hill

Three Trump administration nominees faced thorough questioning from the Senate Banking Committee, although Democrats reserved much of their fire for the president’s nominee to the Federal Reserve Board.

Trump administration John Heltman January 23

Trump administration John Heltman January 23
Nominees for FDIC, Fed board to appear on Capitol Hill

Three nominees for financial regulatory posts, including the administration's choice to run the FDIC, will face questions by the Senate Banking Committee.

Law and regulation Kate Berry January 22

Law and regulation Kate Berry January 22
FSOC gives up effort to designate MetLife as SIFI

The Financial Stability Oversight Council filed a joint motion with MetLife that all but cemented the 2016 court ruling throwing out the insurance giant's designation.

Litigation John Heltman January 18

Litigation John Heltman January 18

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