Federal Reserve Board announces Office of Financial Policy and Research has been designated a division of the Board and renamed Division of Financial Stability
Posted: Tue May 10, 2016 8:00 pm
The Federal Reserve Board on Wednesday announced the Office of Financial Policy and Research (OFS) has been designated a division of the Board and renamed as the Division of Financial Stability (FS). The change reflects the growth in responsibilities and staffing associated with the Board's commitment to identifying and analyzing risks to financial stability and to developing and evaluating macroprudential policy responses to those risks.
Board economist Nellie Liang, appointed to establish the Office of Financial Stability Policy and Research in November 2010, will continue to serve as director. FS will remain responsible for developing and coordinating the Board's work ... (read more)