FSOC 2025 Annual Report

WASHINGTON – The Financial Stability Oversight Council (Council) today unanimously approved its 2025 annual report. This report presents the Council’s assessment of the most salient financial stability issues, provides the Council’s recommendations to address those issues, and summarizes the activities of the Council and member agencies to address potential emerging threats to U.S. financial stability. The report was developed collaboratively by Council members and their agencies and staffs. Overall, the Council finds that U.S. financial markets and institutions functioned effectively in 2025, supporting the smooth provision of credit to businesses and households and facilitating asset price discovery.“Since the first day of this Administration, we have focused on building Parallel Prosperity—an era of economic expansion where Wall Street and Main Street grow together,” Secretary of the Treasury Scott Bessent said.