The body of financial regulators, led by the Treasury and
including the heads of the Federal Reserve, the Federal Deposit
Insurance Corp, Securities and Exchange Commission and other
regulatory agencies, meets regularly to discuss the state of
U.S. financial stability and regulation.
(Reporting by David Lawder; Editing by Chizu Nomiyama)
WASHINGTON, March 24 (Reuters) - U.S. Treasury Secretary
Janet Yellen will chair a closed meeting of the Financial
Stability Oversight Council on Friday morning, according to
daily media advisory for the department.
The Treasury statement provided no further details about the
subject of the FSOC meeting, which comes two weeks after
regulators closed Silicon Valley Bank , whose failure
kicked off a bank-run contagion crisis.
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