S 3578 119th Congress Senate In Committee

Financial Stability Oversight Council Improvement Act of 2025

Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · Dec 18, 2025

View full text on Congress.gov ↗ Policy area: Finance and Financial Sector

Legislative Summary

Financial Stability Oversight Council Improvement Act of 2025 This bill requires the Financial Stability Oversight Council, prior to determining that a U.S. nonbank financial company shall be supervised by the Federal Reserve Board and therefore subject to certain prudential standards, to first determine that certain alternative actions would not mitigate the threat the company may pose to U.S. financial stability.

Source: Congressional Research Service (CRS).

Sponsor
Sen. Rounds, Mike [R-SD]
Independent · SD
Cosponsors (3)
Sen. PetersSen. GallegoSen. McCormick

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