Enhancing Financial Stability Research and Oversight Act amends the Financial Stability Act of 2010.
Enhancing Financial Stability Research and Oversight Act amends the Financial Stability Act of 2010 to preserve the independent funding in the Office of Financial Research, to establish minimum staffing levels for the Financial Stability Oversight Council, to establish minimum funding levels for such staff, and for other purposes. The Office of Financial Research shall transfer not less than $15,287,000 to the Council each year to pay for the staffing and other expenses of the Council. The annual budget of the Office in any given fiscal year shall not be less than $124,627,000.
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