Dwyer, Superintendent of Financial Services, Rhode Island Department of Business Regulation (non-voting member) Steven Seitz, Director, Federal Insurance Office (non-voting member).James Martin, Acting Director, Office of Financial Research (non-voting member).Thomas Workman, Independent Member with Insurance Expertise.Harper, Chairman, National Credit Union Administration Thompson, Director, Federal Housing Finance Agency Rostin Behnam, Chairman, Commodity Futures Trading Commission.Martin Gruenberg, Chairman, Federal Deposit Insurance Corporation.Gary Gensler, Chair, Securities and Exchange Commission.Rohit Chopra, Director, Consumer Financial Protection Bureau.Powell, Chair, Board of Governors of the Federal Reserve System Yellen, Secretary of the Treasury (Chairperson of the Council) In attendance at the Council meeting by videoconference were the following members: The Council also discussed ongoing efforts at member agencies to monitor financial developments. banking system remains sound and resilient. The Council discussed current conditions in the banking sector and noted that while some institutions have come under stress, the U.S. Yellen convened a meeting of the Financial Stability Oversight Council (Council) in executive session by videoconference.ĭuring the meeting, the Council heard a presentation from staff of the Federal Reserve Bank of New York on market developments.
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