What is Office of Financial Research?

Established in 2010 by the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Office of Financial Research (OFR) is an independent bureau within the United States Department of the Treasury. As of 2016, the bureau had 225 employees and a $99 million budget.

Where have you heard about the Office of Financial Research?

Findings from the Office of Financial Research are regularly reported by the media. For example, MarketWatch referenced the bureau in an article discussing why expensive stocks continue to climb.

What you need to know about the Office of Financial Research.

The main aim of the Office of Financial Research is to shine a light on any dark corners within the financial system in order to identify and monitor risks, perform essential research and collect and standardise financial data. Other responsibilities include collecting data on behalf of the Council, making the results of the activities of the Office available to financial regulatory agencies and assisting Council member agencies in determining the data to be collected by member agencies. The director of the quasi-revolving fund is appointed for a six-year term.