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Treasury secretary Steven Mnuchin delivered the annual stability Oversight Councils report at a hearing at the Senate Banking committee on tuesday. Topics also included russian sanctions, tax reform, the debt ceiling and cryptocurrency. This is two hours and 20 minutes. This hearing will come to order. Today, treasury secretary Steven Mnuchin will testify on Financial Stability Oversight Councils 2017 annual report and the operations and actions of this congress. In december of last year, issued the 2017 annual report in which it provided numerous recommendations, insights into the councils ke...

It provided numerous recommendations, insights into the councils key activities and identified potentially merging threats to Financial Stability. One of the rejss urged congress to reform the Housing Finance system and boost the role of private capital in morning finance. Ive repeatedly stated that the status quo is not a viable option and reforming the Housing Finance system is one of my key priorities. Testifying before the Banking Committee last year, secretary mnuchin reaffirmed his commitment to work with us to find a solution and stressed the importance of finding a balance between ensu...

Finance. Viableude this is not a option. Activities,diminution worked wo find a solution and find a balance between taxpayer an annual access to credit. Four years ago, a bipartisan. Roup passed this committee we have an opportunity to build on that effort and create a broader coalition of republicans and democrats to pass a bill. Nto law it remains one of my Top Priorities and i look forward to continuing with secretary mnuchin and other stakeholders throughout the process. Washer focus of this report Cyber Security. Area due toty is an the increasing criminals and growing scope and scale of ...