Socking It to FSOC

As the schedule below notes, this week will again bring FSOC’s record and agenda before Senate Banking and the House Financial Services Committee.  Much of the session will, as usual, wander into areas outside FSOC’s ambit – inflation and sanctions are sure-fire examples of non-FSOC issues on which Treasury alone exercises considerable sway and about which Congress is intensely curious.  However, there’s a lot to talk about when it comes to high-priority financial policy and, even in Washington, talk often leads to action.