What is the Financial Stability Oversight Council and Why Is Its Constitutionality Being Challenged

• By: Staff Editor
• Date: July 12, 2012

Under Title I of the Dodd Frank Act, two agencies were created to look after the financial health of the US markets – the Financial Stability Oversight Council (FSOC) and the Office of Financial Research. This article discusses why the FSOC was created and the recent lawsuit challenging its constitutionality.