FSOC's Proposed Guidance on Nonbank Designations Undermines its Ability to Address Systemic Risk
May 14, 2026
May 14, 2026
WASHINGTON, May 14 [Category: Political] -- Public Citizen issued the following news release:
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FSOC's Proposed Guidance on Nonbank Designations Undermines its Ability to Address Systemic Risk
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If a proposal by the Financial Stability Oversight Council (FSOC) is implemented, the Council will erode its authority to protect the financial system from large nonbank financial companies like insurance companies, nonbank mortgage lenders, an . . .
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FSOC's Proposed Guidance on Nonbank Designations Undermines its Ability to Address Systemic Risk
*
If a proposal by the Financial Stability Oversight Council (FSOC) is implemented, the Council will erode its authority to protect the financial system from large nonbank financial companies like insurance companies, nonbank mortgage lenders, an . . .