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ARTICLE · 01 APRIL 2009

Financial Stability Plan Update

Sidley Austin LLP
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On Tuesday, February 10, 2009, Secretary of the Treasury Timothy Geithner outlined the six-point Financial Stability Plan (FSP), pursuant to which the Department of the Treasury, in cooperation with Federal Reserve, the FDIC, the Office of Thrift Supervision and the Office of the Comptroller of the Currency, hopes to bring stability to the U.S. credit markets.

United StatesFinance and Banking
Sidley Austin'S Regulatory Practice Group
Sidley Austin'S Regulatory Practice Group

This article was originally published 11 February, 2009

On Tuesday, February 10, 2009, Secretary of the Treasury Timothy Geithner outlined the six-point Financial Stability Plan (FSP), pursuant to which the Department of the Treasury, in cooperation with Federal Reserve, the FDIC, the Office of Thrift Supervision and the Office of the Comptroller of the Currency, hopes to bring stability to the U.S. credit markets. The high level terms of the FSP as discussed in the FSP Fact Sheet are summarized below. Critical aspects of the FSP remain undefined, however. Further details of the FSP, as they become available, will be posted at http://www.financialstability.gov .

Financial Stability Trust

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