S 3578 · 119th Congress

Financial Stability Oversight Council Improvement Act of 2025

This bill makes it harder for the Financial Stability Oversight Council (FSOC) to put large nonbank financial companies under Federal Reserve supervision. Right now, FSOC can decide to regulate a company if it poses a risk to the nation's financial system. This bill adds a requirement that before FSOC votes to regul…

Sponsor

Rounds, Mike (R-South Dakota)

Introduced

2025-12-18

Policy area

Finance and Financial Sector

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.