Bill119th CongressFiled Dec 18, 2025Finance and Financial Sector
S. 3578
Financial Stability Oversight Council Improvement Act of 2025
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Dec 18, 2025)
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.
What just happenedDec 18, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Rounds, Mike [R-SD](R-SD)Sponsor
3 cosponsors2 D1 R
3cosponsors1committees2actions1related bills
- Introduced in SenateDec 18, 2025
- Dec 18, 2025IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Dec 18, 2025IntroReferral10000
Introduced in Senate