Secretary Geithner will chair the next regularly scheduled meeting of the Financial Stability Oversight Council on Thursday, October 18 in closed session at Treasury.
Created by the Dodd-Frank Wall Street Reform and Consumer Protection Action, the Council provides comprehensive monitoring to ensure the stability of our nation's financial system. The Council is charged with identifying threats to the financial stability of the United States; promoting market discipline; and responding to emerging risks to the stability of the United States financial system. The Council consists of 10 voting members and five nonvoting members and brings together the expertise of federal financial regulators, state regulators, and an insurance expert appointed by the President. More information about the Council is available at www.fsoc.gov.