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FSOB |
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FSOB (Federal Stability Oversight Board) is a regulatory body comprised of the treasury secretary, chairman of the Board of Governors of the Federal Reserve System, Housing and Urban Development secretary, SEC chair, and Federal Housing Finance Agency director to oversee TARP policies and financial commitments and EESA's broader goals and objectives. The FSOB will be comprised of the Chairman of the Federal Reserve, the Secretary of the Treasury, the Director of the Federal Home Finance Agency, the Chairman of the Securities and Exchange Commission, and the Secretary of Housing and Urban Development. The FSOB will comprise the following individuals: the Chairman of the Board; the Secretary of the Treasury; the Director of the Federal Home Finance Agency; the Chairman of the Securities and Exchange Commission; and the Secretary of Housing and Urban Development. |
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