Financial Institutions

This office helps formulate policy on financial institutions and community and economic development, cybersecurity and critical infrastructure protection.

Cybersecurity and Critical Infrastructure Protection

The Office of Cybersecurity and Critical Infrastructure Protection coordinates the Department's efforts to enhance the security and resilience of financial services sector critical infrastructure and reduce operational risk. The office works closely with financial sector companies, industry groups, and government partners to share information about cybersecurity and physical threats and vulnerabilities, encourage the use of baseline protections and best practices, and respond to and recover from significant incidents.

Financial Stability Oversight Council

The Council is charged with identifying risks to the financial stability of the United States; promoting market discipline; and responding to emerging risks to the stability of the United States' financial system. The Council consists of 10 voting members and 5 nonvoting members and brings together the expertise of federal financial regulators, state regulators, and an independent insurance expert appointed by the President.

Financial Institutions Policy

The Office of Financial Institutions Policy develops, analyzes, and coordinates the Department's policies on legislative and regulatory issues affecting financial institutions, including depository institutions, government sponsored enterprises, securities firms, finance companies, mutual funds, auditing firms, and all other regulated and unregulated financial intermediaries. The Office's principal focus is on issues dealing with safety and soundness, market structure, condition, and competitiveness, and regulatory structure. For more information contact the Office of Financial Institutions Policy at

Federal Insurance Office

The Dodd-Frank Wall Street Reform and Consumer Protection Act established Treasury's Federal Insurance Office (FIO) and vested FIO with the authority to monitor all aspects of the insurance sector, monitor the extent to which traditionally underserved communities and consumers have access to affordable non-health insurance products, and to represent the United States on prudential aspects of international insurance matters, including at the International Association of Insurance Supervisors.  In addition, FIO serves as an advisory member of the Financial Stability Oversight Council, assists the Secretary with administration of the Terrorism Risk Insurance Program, and advises the Secretary on important national and international insurance matters.

Community and Economic Development

The Office of Community and Economic Development (OCED) coordinates and advances community finance, affordable housing and place-based community and economic development policy across Treasury. OCED consists of:

OCED’s Policy Team authors policy papers and analyses; provides policy recommendations and technical assistance to other offices within Treasury regarding community and economic development policies and programs; plays a leading role in interagency coordination on community and economic development issues; engages with external stakeholders and financial regulatory agencies; and provides legislative technical assistance to Congress, as requested.


Office of Consumer Policy

The Office of Consumer Policy leads the Treasury Department’s work to advance financial well-being for American consumers and households by promoting financial inclusion and education, consumer protection, and equitable and safe access to credit and asset-building opportunities. The office produces policy analysis on developments in financial services including emerging products and services provided by bank and non-bank institutions, payments, consumer and small business credit, financial technology, and related topics.

OCP coordinates the interagency Financial Literacy and Education Commission (FLEC) on behalf of the Treasury Secretary, who by statute chairs the Commission.