Potential revisions to interpretive guidance regarding nonbank financial company determinations and to the analytic framework for financial stability risk identification, assessment, and response, were presented to the umbrella group of top federal financial institution regulators, the Treasury said late Thursday.
In its readout of the Dec. 11 meeting of the Financial Services Oversight Council (FSOC), the Treasury said the potential revisions to nonbank determinations guidance and the financial stability risk identification framework were presented by agency staff. The Treasury, which leads the FSOC through the chairmanship of Secretary Scott Bessent, provided no additional details.
Also, in executive (secret) session, Treasury said FSOC heard presentations on the council’s artificial intelligence working group, household resilience working group, market resilience working group, and crisis preparedness review. Council members discussed their agencies’ efforts to advance the Council’s priorities going forward, Treasury said.
READOUT: Financial Stability Oversight Council Meeting on December 11, 2025