Evidence from credible sources supports the statement as accurate. Learn more in Methodology.
The Inter-Agency Working Group on Treasury Market Surveillance, the Market Resilience Working Group, and member agencies undertake monitoring and targeted reforms intended to strengthen Treasury market liquidity and resilience against shocks.
FSOC has explicitly stated support for member agencies’ efforts to bolster U.S. Treasury market resilience and named two interagency forums—the Inter-Agency Working Group on Treasury Market Surveillance (IAWG) and FSOC’s Market Resilience Working Group—as vehicles for that work. FSOC’s 2025 Annual Report (Dec. 11, 2025) states the Council “strongly supports the continued work of the Inter-Agency Working Group on Treasury Market Surveillance (IAWG) and encourages member agencies to use the Council’s new Market Resilience Working Group” to monitor and analyze resilience-boosting initiatives; prior releases from IAWG members (CFTC, New York Fed) document ongoing surveillance and reform efforts. Verdict: True — official FSOC and member-agency documents confirm FSOC is supporting member agencies and those working groups to strengthen the Treasury market against future shocks.