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Bessent to propose major overhaul of regulatory body created from financial crisis
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Bessent plans to propose significant changes to the Financial Stability Oversight Council, a regulatory body created in response to the financial crisis, in a letter to be released Thursday.
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Article Context
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In a letter set to be released Thursday, Bessent will recommend changing the approach of the Financial Stability Oversight Council.
Original article published by
CNBC
on December 11, 2025.
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