Financial Stability Oversight Council Improvement Act of 2025
The summary
What this bill does
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.
Legislative timeline
From introduction
Dec 18, 2025
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Senator - South Dakota · R-SD
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 119 |
| Bill Type | S |
| Bill Number | 3578 |
| Origin Chamber | Senate |
| Current Status | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Policy Area | Finance and Financial Sector |
| Primary Committee | Not assigned |
| Introduced | December 18, 2025 |
| Latest Action | December 18, 2025 |
| Cosponsors | 3 · House vote — · 1 views |