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FSOC releases 2024 annual report, Gensler offers his wish for the future

Cybersecurity incidents and risk from third-party providers and digital assets identified as key concerns.

Julie DiMauro

Image of Treasury Security Janet Yellen and SEC Chair Gary Gensler at an FSOC meeting in 2023.
Photo: Alex Wong/Getty Images
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The US financial system remains resilient, though vulnerabilities warrant ongoing vigilance. That is the main message from the 2024 annual report of the Financial Stability Oversight Council (FSOC) which has just unanimously approved its publication.

The annual report reviews developments in financial markets, identifies vulnerabilities and emerging threats to US financial

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