FSOC seems a wholly failed organization. The justification for the organization was to provide an independent big-picture view of risk. As it is composed of members of a single political party, FSOC just parrots back the Administration's view under a different organizational stamp that provides the barest illusion of impartiality.
It would be better to simply disband the organization and instead publish a summary of the global views of all the major investment banks and economic research organizations. That would provide a disparate set of opinions from organizations that have an economic, rather than political, interest in making reasonable predictions.