S 3578 · in committee · significant
Financial Stability Oversight Council Improvement Act of 2025
- economy
What this bill does
- The bill requires the Financial Stability Oversight Council to explore alternative actions before designating nonbank financial companies for Federal Reserve supervision.
- Nonbank financial companies and federal financial regulators are affected by this oversight requirement.
- The bill takes effect upon enactment with no specified appropriations or timeline for implementation.
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Community Threads
Started by Cosponsor
- 01
What alternative regulatory approaches should the Financial Stability Oversight Council consider before subjecting nonbank financial companies to Federal Reserve supervision?
- 02
How might requiring the Council to explore alternatives before designating nonbank firms for supervision delay or strengthen financial stability oversight?
- 03
Which types of nonbank financial companies would be most affected by this requirement, and what regulatory burden reduction would they experience?
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Sponsor · R-SD
Mike Rounds
Citizen cosponsors
0
In Congress
3/ 100
Senators cosponsoring
Introduced 2025-12-18
Joining the bill
Legislative timeline
2025-12-18 · senate · IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-12-18 · IntroReferral
Introduced in Senate
Citizen comments
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