READOUT: Financial Stability Oversight Council Meeting on March 25, 2026
WASHINGTON – Today, U.S. Secretary of the Treasury Scott K. H. Bessent convened a meeting of the Financial Stability Oversight Council (Council)…
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WASHINGTON – Today, U.S. Secretary of the Treasury Scott K. H. Bessent convened a meeting of the Financial Stability Oversight Council (Council) in executive and open sessions at the U.S. Department of the Treasury (Treasury). During the executive session, the Council heard a briefing from Treasury staff on the Council’s quarterly financial stability monitor. The update described key developments during the recent quarter in the banking sector, financial markets, household finances, and financial innovation. The presentation also addressed geopolitical risks, the implications of increased investment in artificial intelligence, and recent developments in the private credit sector. Council members noted the resilience of the financial system and discussed their agencies’ efforts to monitor market developments.The Council also received a presentation from Treasury staff on the development of tools to monitor household financial resilience, including an assessment of consumer credit conditions.
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