Office of Financial Research gets off to a slow start

The Dodd-Frank Act required creation of the Office of Financial Research, which collects and analyzes bank data for the Financial Stability Oversight Council. However, the agency has missed deadlines, struggled to fill jobs and generally had a slow start. President Barack Obama nominated Richard Berner to lead the office, but it could take months for the Senate to act on the nomination.

View Full Article in:

New York Times (tiered subscription model), The

Published in Briefs: