Chairman Jeb Hensarling
Truth in Testimony
Treasury Documents Reveal FSOC Designations of ‘Too Big to Fail’ Firms are Arbitrary and Inconsistent
Feb 28, 2017 -
WASHINGTON – The House Financial Services Committee today released a staff report which reveals that the Financial Stability Oversight Council (FSOC) acts inconsistently and arbitrarily in exercising its power to designate certain non-bank companies as “too big to fail.” Based on documents requested...