FSOC's purpose is straightforward: to identify risks that could impact our financial stability; to promote market discipline by eliminating expectations of bailouts; and to respond to emerging threats.
McHenry outlines the mission of the Financial Stability Oversight Council.
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it was easier just to watch the Senate do that hearing rather than to hear the second day of the same testimony.
I urge Chair Gensler to abandon this regulatory power grab and return his focus to the statutory role of the SEC.
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