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Connect with the House Financial Services Committee » Get the latest news: https://democrats-financialservices.h... » Follow us on Facebook: / ushousefsc » Follow us on Twitter: https://x.com/USHouseFSC » Follow us on Instagram: / ushousefsc » Follow us on Bluesky: https://bsky.app/profile/ushousefsc.b... ___________________________________ » Subscribe: / @ushousefsc ___________________________________ On Wednesday, February 4, at 10:00 a.m. (ET) full Committee Chairman Hill and Ranking Member Waters will host a hearing entitled, “The Annual Report of the Financial Stability Oversight Council." ___________________________________ Witness for this one-panel hearing will be: • The Honorable Scott Bessent, Chairperson of the Financial Stability Oversight Council ___________________________________ Subtitle A of the Dodd-Frank Wall Street Reform and Consumer Protection (DoddFrank) Act established the Financial Stability Oversight Council (FSOC or the Council). Section 112(c) requires the appearance and testimony of the FSOC Chairperson before the House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs at an annual hearing, after FSOC submits an annual report. The Chairperson is required to discuss the efforts, activities, objectives, and plans of the Council, and answer questions concerning such report. On December 11, 2025, FSOC unanimously approved the release of its 2025 annual report. The report presents FSOC’s assessment of the most salient financial stability issues, provides the Council’s recommendations to address those issues, and summarizes the activities of the Council and member agencies to address potential emerging threats to U.S. financial stability. Specifically, the annual report focuses on four main issue areas: bolstering Treasury market resilience; addressing cyber risk and navigating an evolving threat landscape; enhancing supervisory and regulatory frameworks for depository institutions; and harnessing artificial intelligence to promote financial stability. ___________________________________ #fsoc #housing #doddfrank #financialservices #regulation #mortgage #fdic #federalreserve #sec #securities #treasury #departmentoftreasury #USDepartmentoftheTreasury #FinancialStabilityOversightCouncil #cfpb ___________________________________ Hearing page: https://democrats-financialservices.h...