McHenry Urges Treasury Secretary Yellen Review FSOC Oversight Of Nonbank Firms
Portfolio Pulse from Benzinga Newsdesk
McHenry urges Treasury Secretary Yellen to review FSOC oversight of nonbank firms, potentially impacting the financial sector and related ETFs such as SPY.
June 14, 2023 | 5:37 pm
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NEUTRAL IMPACT
A review of FSOC oversight of nonbank firms by Treasury Secretary Yellen could impact the financial sector and related ETFs such as SPY.
The review of FSOC oversight of nonbank firms could lead to changes in regulations, affecting the financial sector and related ETFs such as SPY. However, the impact is uncertain as it depends on the outcome of the review and potential regulatory changes.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50