S 3578
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
- In committee
- Sponsor
- Sen. Mike Rounds [R-SD]
- Cosponsors
- 3
- Policy area
- Finance and Financial Sector
- Introduced
- 2025-12-18
- Latest action
- 2025-12-18: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee referrals
Recent actions
- 2025-12-18: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2025-12-18: Introduced in Senate