This memo instructs the Secretary of the Treasury to evaluate processes of the Financial Stability Oversight Council (FSOC), which identifies threats to the the financial stability of the US.
This Order directs the Secretary of the Treasury to review tax burdens imposed on individuals and businesses. The Secretary shall recommend actions to mitigate the burdens.
The Orderly Liquidation Authority (OLA) may initiate the liquidation of financial companies in danger of default, under certain circumstances, to mitigate adverse impacts on the financial stability of the US. The Orderly Liquidation Fund (OLF) may use taxpayer funds to carry out OLA liquidations. This Memo instructs the Secretary of the Treasury to review the OLA and make recommendations for improvement.