US Fed’s Cook warns of vulnerability posed by private credit

By Neil Roland ( November 20, 2025, 22:50 GMT | Insight) -- US Federal Reserve Governor Lisa Cook warned that private credit is a “potential vulnerability worth watching,” while US Securities and Exchange Commission member Mark Uyeda touted it as something that should be included in workers’ retirement plans. Private credit, or loans from unregulated nonbanks to private businesses, has roughly doubled over the past five years, said Cook, head of the Fed’s Committee on Financial Stability. “Whenever we observe such rapid growth in credit over such a short period of time, it draws our attention,” she said.US Federal Reserve Governor Lisa Cook is warning that private credit is a “potential vulnerability worth watching,” while US Securities and Exchange Commission member Mark Uyeda touted it as something that should be included in workers’ retirement plans....

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US Fed’s Cook warns of vulnerability posed by private credit

Prepare for tomorrow’s regulatory change, today

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