US Treasury’s Monetary Stability Oversight Council held unscheduled, closed assembly

The US’ strongest monetary regulators gathered on March 24 by video convention for an unscheduled, closed assembly of the Treasury Division’s Monetary Stability Oversight Council (FSOC), the division introduced in an announcement. Treasury Secretary Janet Yellen convened the assembly.

Particulars have been sparse within the Treasury assertion, however it mentioned Federal Reserve Financial institution of New York workers gave a presentation on market developments. The gist of the presentation was reassuring:

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