The Financial Reform Act created the Financial Stability Oversight Council, which is responsible for identifying risks to financial stability in the United States.

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The Financial Reform Act, specifically the Dodd-Frank Wall Street Reform and Consumer Protection Act, established the Financial Stability Oversight Council (FSOC) to identify risks to the financial stability of the United States, promote market discipline, and respond to emerging threats to the stability of the U.S. financial system.

The Financial Reform Act Created the Financial Stability Oversight Council