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S 3578 · in committee · significant

Financial Stability Oversight Council Improvement Act of 2025

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

  1. 01

    What alternative regulatory approaches should the Financial Stability Oversight Council consider before subjecting nonbank financial companies to Federal Reserve supervision?

  2. 02

    How might requiring the Council to explore alternatives before designating nonbank firms for supervision delay or strengthen financial stability oversight?

  3. 03

    Which types of nonbank financial companies would be most affected by this requirement, and what regulatory burden reduction would they experience?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-SD

Mike Rounds

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In Congress

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Senators cosponsoring

Introduced 2025-12-18

Joining the bill

Legislative timeline

  1. 2025-12-18 · senate · IntroReferral

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

  2. 2025-12-18 · IntroReferral

    Introduced in Senate

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