FSOC---Financial Stability Oversight Council was established by Dodd-Frank
to monitor excessive risk in the financial system. It is also charged with
facilitating communication in the financial agencies. It is headed by the
Treasury Secretary and has the ability to toss aside regulation by the CFPB
if the regulation threatens financial stability
to monitor excessive risk in the financial system. It is also charged with
facilitating communication in the financial agencies. It is headed by the
Treasury Secretary and has the ability to toss aside regulation by the CFPB
if the regulation threatens financial stability