Is Dodd-Frank oversight council still relevant?

Published in American Banker.

“The biggest thing on FSOC’s to-do list is to designate Fannie Mae and Freddie Mac as the SIFIs they so obviously are in fact,” said Alex Pollock, distinguished senior fellow of finance, insurance and trade at the R Street Institute. “If Fannie and Freddie are not SIFIs, then no one in the world is a SIFI.