Tuesday, November 23, 2010

Geithner Does FSOC

On Tuesday, Treasury Secretary Geithner, in his capacity as chairperson of the Financial Stability Oversight Council , will host the second meeting of the Council at the Treasury. The meeting will include a closed session, beginning at 11:00 AM EDT, and an open session, beginning at 12:00 PM EDT, which will also be streamed live on the Treasury Department’s website at link.

The open meeting will include an update on mortgage servicing and foreclosure issues and votes on several resolutions to advance implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. These resolutions will include approval of the publication of an Advance Notice of Proposed Rulemaking regarding authority to designate financial market utilities as systemically important, the Council’s committee structure and minutes of the inaugural Council meeting.

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