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Secretary of the Treasury

The head of the U.S. Department of the Treasury, responsible for managing federal finances.

Federal Reserve System

The central bank of the United States, responsible for maintaining financial stability and conducting monetary policy.

Securities and Exchange Commission (SEC)

A U.S. government agency that protects investors and maintains fair, orderly, and efficient markets.

Commodity Futures Trading Commission (CFTC)

A U.S. government agency that regulates the U.S. derivatives markets, including futures and options.

Financial sector

The part of the economy made up of institutions and services dealing with money and investments, such as banks, insurance companies, and stock markets.

Financial stability

A state where the financial system (banks, markets, infrastructure) can withstand shocks and smoothly fulfill its functions, like facilitating payments and allocating capital.

Classified annex

A separate, secret section of a report containing sensitive information that cannot be publicly disclosed.