S 3578
Financial Stability Oversight Council Improvement Act of 2025
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 7:48 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill changes how the Financial Stability Oversight Council (FSOC) decides whether to supervise a large, nonbank financial company. Currently, FSOC can directly order supervision by the Federal Reserve. This legislation requires FSOC to first explore alternative actions, such as new regulations or a company’s own plan, to see if these would be sufficient to address potential risks to the financial system before initiating direct supervision. The goal is to ensure FSOC considers all options before imposing stricter oversight.
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