In a new report, the Financial Stability Oversight Council asserted that digital assets could pose risks to U.S. financial stability.
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In a report on climate-related financial risk, the Financial Stability Oversight Council identified climate change as an emerging and increasing threat to U.S. financial stability.
In testimony before the U.S. House Appropriations Subcommittee on Financial Services and General Government, SEC Chair Gary Gensler and Treasury Secretary Janet Yellen testified on the impact of market developments on agency budgets.
The Treasury Department proposed regulations to implement the Foreign Investment Risk Review Modernization Act and broaden the authority of the Committee on Foreign Investment in the United States.
The U.S. House Financial Services Subcommittee on Monetary Policy and Trade held a hearing to examine the operations and challenges of the Committee on Foreign Investment in the United States.