WASHINGTON May 1 The Financial Stability
Oversight Council, made up of all the heads of the U.S.
financial regulators, will meet on May 8 to discuss a review
recently ordered by President Donald Trump on how it designates
companies as "systemically important," the U.S. Treasury said on
It will also discuss the annual evaluation of one of the
handful of nonbank financial companies with the designation, a
label signifying that it is "too big to fail" and triggering
extra capital requirements and oversight, in the executive
session, which is closed to the public.
(Reporting by Lisa Lambert)