Independent newsroom

Wednesday, September 30, 2026

The File

Every claim traces to a primary source. Uncertainty is labeled. Corrections are public.

Treasury · Wednesday, September 30, 2026

Financial Stability Oversight Council calls the system resilient

The File desk · Sep 30, 2026, 10:09 AM UTC

Status

Confirmed (Treasury readout sb0638, Sept. 29, 2026)

On Sept. 29, 2026, Treasury Secretary Scott Bessent chaired a meeting of the Financial Stability Oversight Council. Staff said the financial system remains resilient and poised to support economic growth, that household conditions remain broadly healthy, and that fraud is a persistent and growing consideration. The council approved fiscal 2027 expenditures of $9,337,069 for its Treasury office and insurance seat. Attendees included Federal Reserve Chair Kevin Warsh, Securities and Exchange Commission Chair Paul Atkins, and Federal Deposit Insurance Corporation Chair Travis Hill.

Treasury posted a readout of the Financial Stability Oversight Council meeting on Sept. 29, 2026. The release is sb0638.

Secretary Scott Bessent chaired.

Staff said the financial system remains resilient and poised to support economic growth.

Household conditions, the readout says, remain broadly healthy.

Fraud is described as a persistent and growing consideration.

The council approved fiscal 2027 expenditures of $9,337,069.

The readout names Federal Reserve Chair Kevin Warsh, Securities and Exchange Commission Chair Paul Atkins, and Federal Deposit Insurance Corporation Chair Travis Hill among the attendees.

The quarterly monitor slides are not published with the readout.

What is still unknown or disputed

Primary sources

Every claim in this story is drawn from the documents below. If a fetch failed, that is recorded on the card.

  1. Source 1

    READOUT: Financial Stability Oversight Council Meeting on September 29, 2026

    U.S. Department of the Treasury · September 29, 2026

    Overall, the financial system remains resilient and poised to support economic growth. Household conditions remain broadly healthy. Fraud is a persistent and growing consideration. Approved fiscal 2027 expenditures of $9,337,069.

    https://home.treasury.gov/news/press-releases/sb0638