Office of Financial Research
| 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) |
| Annual budget | US$88.1 million (FY 2023) |
| Agency executive |
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| 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 2008 financial crisis and the Great Recession. 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. The OFR is also responsible for providing support to the Financial Stability Oversight Council (FSOC).