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Analysis

Yellen At Treasury Could Set Stage For More Active FSOC

By Jon Hill ( November 24, 2020, 10:37 PM EST) -- The selection of former Federal Reserve Chair Janet Yellen to serve as treasury secretary in the incoming Biden administration could position the Financial Stability Oversight Council to step up its scrutiny of the nonbank sector, a corner of the financial system that is drawing renewed concerns about its potential fragility....

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