Yellen to chair previously unscheduled FSOC meeting on Friday

By Scott Kanowsky 

-- U.S. Treasury Secretary Janet Yellen is fx foreign exchange trading websiteset to chair a closed meeting of the Financial Stability Oversight Council (FSOC) on Friday, according to media sources citing a statement from the department.

It was not immediately clear when the previously unscheduled meeting would begin, nor if the council would provide further details about their discussions.

The gathering comes as regulators continue to try to assuage market concerns over the health of the financial sector following a bank run sparked by the failure of Silicon Valley Bank two weeks ago.

The body of financial regulators includes the heads of the Federal Reserve, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, and other regulatory agencies. The FSOC is tasked with identifying risks to U.S. financial stability, although it has little legal authority.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!