S. 3578

119th Congress

In Committee

Financial Stability Oversight Council Improvement Act of 2025

Sponsored byRepublican:Sen. Rounds, Mike [R-SD]SD· Introduced 18 December 2025
Open on Congress.gov

3

Cosponsors

2

Actions

0

Amendments

0

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

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

18 December 2025·7 months ago

Summary

Introduced in Senate · Updated 20 April 2026

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.

Timeline

2 actions

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

    18 December 2025 · IntroReferral

  2. Introduced in Senate

    18 December 2025 · IntroReferral

Sponsorship

3 cosponsors

Sponsor

Republican:Sen. Rounds, Mike [R-SD]SD

Cosponsors

  • Democrat267%
  • Republican133%

Classification

Policy area

Finance and Financial Sector

Cosponsor momentum

Cumulative over time

Cosponsors grew from 1 on 18 December 2025 to 3 on 4 February 2026.

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