From the Director

| By Dino Falaschetti

Statement on Signing a Memorandum of Understanding between the Office of Financial Research and the Commodity Futures Trading Commission

Following my confirmation in 2019, our Office of Financial Research (OFR) initiated an all staff effort to fulfill our Dodd-Frank responsibilities. While our mission is simple, it is incredibly important. That is, further financial stability through high-quality financial data, standards, and analysis, principally in support of the Financial Stability Oversight Council (FSOC) and its members.

| By Dino Falaschetti

A Mission-Focused Year at OFR

Reviewing my first year as Director of the Office of Financial Research (OFR or Office), I am proud of the consequential work that our team has accomplished. However, we are not done yet and I am confident that our path forward will continue to find OFR leading the development and advancement of research insights and data services for the Financial Stability Oversight Council (FSOC).