HR 3682

Financial Stability Oversight Council Improvement Act of 2025

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.

Bill status

Status
Reported
Sponsor
Rep. Bill Foster [D-IL-11]
Cosponsors
20
Policy area
Finance and Financial Sector
Introduced
2025-06-03
Latest action
2026-02-11: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committee referrals

Recent actions

  • 2026-02-11: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2026-02-09: Motion to reconsider laid on the table Agreed to without objection.
  • 2026-02-09: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2074)
  • 2026-02-09: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2074)
  • 2026-02-09: DEBATE - The House proceeded with forty minutes of debate on H.R. 3682.