Bessent to propose major overhaul of Financial Stability Oversight Council, CNBC reports

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Bessent to propose major overhaul of Financial Stability Oversight Council, CNBC reports

Thu, Dec 11, 2025 0 Comments

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Dec 11 (Reuters) – U.S. Treasury Secretary Scott Bessent will recommend changing the approach of the Financial Stability Oversight Council, CNBC reported on Thursday.

Reuters could not immediately confirm the report.

(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sharon Singleton)

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Bessent to propose major overhaul of Financial Stability Oversight Council, CNBC reports

Dec 11 (Reuters) – U.S. Treasury Secretary Scott Bessent will recommend changing the approach of the Financial Stability Oversight Council, CNBC reported on Thursday. Reuters could not immediately confirm the report. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sharon Singleton)

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