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2021 ANNUAL REPORT

FINANCIAL STABILITY OVERSIGHT COUNCIL1500 PENNSYLVANIA AVENUE, NW | WASHINGTON, 20220 FINANCIAL STABILITY OVERSIGHT COUNCILFINANCIAL STABILITY OVERSIGHT COUNCIL 2021 ANNUAL REPORT2021 ANNUAL REPORT1 Financial Stability Oversight CouncilThe Financial Stability Oversight Council (Council) was established by the dodd - frank Wall Street Reform and Consumer Protection Act ( dodd - frank Act) and is charged with three primary purposes:1. To identify risks to the financial stability of the United States that could arise from the material financial distress or failure, or ongoing activities, of large, interconnected bank holding companies or nonbank financial companies, or that could arise outside the financial services To promote market discipline by eliminating expectations on the part of shareholders, creditors, and counterparties of such companies that the gover

The Financial Stability Oversight Council (Council) was established by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and is charged with three primary purposes: 1. To identify risks to the financial stability of …

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