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Reps. Foster, Beatty, Sherman Introduce Legislation to Safeguard U.S. Financial System
July 26, 2024
WASHINGTON, July 26 -- Rep. Bill Foster, D-Illinois, issued the following news release on July 25, 2024:

Today, Congressman Bill Foster (D-IL), Congresswoman Joyce Beatty (D-OH), and Congressman Brad Sherman (D-CA) introduced the Enhancing Financial Stability Research and Oversight Act. The legislation would establish minimum budget and staffing levels for the Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC), adjusted for inflation, to prevent . . .

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