FSOC report flags commercial real estate stress, cybersecurity, and stablecoin risks as key financial threats.

The Financial Stability Oversight Council (FSOC) highlights key financial risks in its 2024 report, including commercial real estate stress, cybersecurity threats, and stablecoin risks. The report notes challenges in office and multifamily real estate due to remote work trends and oversupply. It also emphasizes the need for better cyber risk management and a federal framework to regulate stablecoins, urging Congress for enhanced regulatory powers to mitigate these risks.

3 months ago
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