Treasury Secretary Bessent on the 15th chaired an internal meeting of the Financial Stability Oversight Council. The council was briefed on a Treasury‑led interagency geopolitical‑risk tabletop exercise aimed at advancing economic‑security preparedne

2026-07-16

Treasury Secretary Bessent on the 15th chaired an internal meeting of the Financial Stability Oversight Council. The council was briefed on a Treasury‑led interagency geopolitical‑risk tabletop exercise aimed at advancing economic‑security preparedness, and received updates from its AI working group and on four public‑private roundtables under an AI Innovation Series co‑hosted by the council and Treasury. Members reviewed the quarterly Financial Stability Monitoring Report — which discussed supply‑chain risks, AI’s potential on labor and capital markets, and cyber security — heard planning for the 2026 annual report, and voted to approve minutes from the May 6 meeting.