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The FSOB evaluates the Treasury Secretary’s policy and the effectiveness of  “preserving home ownership, stabilizing financial markets, and protecting taxpayers.”  Must importantly, the FSOB has the power to make recommendations – this is the only oversight board with this statutory power.  The Board meets at least monthly and has regularly meet more frequently. 

REPORTS:     Quarterly s. 104(g)


Chairman of the Board of Governors of the Federal Reserve System
Ben Bernanke
Secretary of the Treasury
Timothy Geithner
Director of the Federal Housing Finance Agency
James Lockhart
Chairman of the Securities Exchange Commission
Mary Shapiro
Secretary of Housing and Urban Development
Shaun Donovan

Enacted under s. 104



Procedural Rules

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Press Releases

01/28/09Treasury Announces New Policy To Increase Transparency in Financial Stability Program