 | This article needs to be updated. (August 2018) |
| OFR | |
 | |
| Agency overview | |
|---|---|
| Formed | July 21, 2010 |
| Jurisdiction | Federal government of the United States |
| Headquarters | 717 14th Street, NW Washington, DC 20005 |
| Employees | 275 (2012)[1] |
| Annual budget | US$88.1 million (FY 2023)[2] |
| Agency executive |
|
| Parent agency | United States Department of the Treasury |
| Key document | |
| Website | www |
The Office of Financial Research (OFR) is an independent bureau reporting to the United States Department of the Treasury. It was established by the Dodd–Frank Wall Street Reform and Consumer Protection Act, whose passage in 2010 was a legislative response to the financial crisis of 2007–08 and the subsequent Great Recession.[4] The OFR is tasked with (1) collecting and standardizing data, (2) performing applied research and essential long-term research; and (3) developing risk measurement and monitoring tools.[5] The OFR is also responsible for providing support to the Financial Stability Oversight Council (FSOC).
- ^ "Strategic Framework Office of Financial Research FY2012-2014" (PDF). Office of Financial Research, U.S. Department of the Treasury. 2012. Archived (PDF) from the original on 2015-03-16. Retrieved 2015-05-13.
- ^ "Office of Financial Research Program Summary by Budget Activity" (PDF). Office of Financial Research, U.S. Department of the Treasury. 2015. Archived (PDF) from the original on 2022-08-30. Retrieved 2022-08-22.
- ^ "OFR Leadership | Office of Financial Research". www.financialresearch.gov. Archived from the original on 2022-08-08. Retrieved 2022-08-31.
- ^ Eaglesham, Jean (2011-02-09). "Warning Shot On Financial Protection". The Wall Street Journal. Archived from the original on 2020-10-05. Retrieved 2011-02-10.(subscription required)
- ^ H.R. 4173 § 152(a)