Financial Stability Oversight Council (FSOC)

The Financial Stability Oversight Council (FSOC) is a U.S. government body created after the 2008 financial crisis to monitor and address risks to the nation's financial stability. It includes members from various financial regulatory agencies and aims to identify potential threats to the financial system, such as excessive risk-taking or the failure of major financial institutions. By coordinating efforts among these agencies, FSOC works to prevent future crises and protect the U.S. economy, ensuring a more resilient financial system that can withstand shocks.