Federal · 119th Congress
Financial Stability Oversight Council Improvement Act of 2025
Policy areaFinance and Financial Sector
Summary
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.
Sponsor
Cosponsors20
Bill HuizengaRU.S. Representative · 4th District · MI
Josh GottheimerDU.S. Representative · 5th District · NJ
Young KimRU.S. Representative · 40th District · CA
Brittany PettersenDU.S. Representative · 7th District · CO
Brad ShermanDU.S. Representative · 32nd District · CA
Frank D. LucasRU.S. Representative · 3rd District · OK
Ritchie TorresDU.S. Representative · 15th District · NY
Daniel MeuserRU.S. Representative · 9th District · PA
Emanuel CleaverDU.S. Representative · 5th District · MO
Chrissy HoulahanDU.S. Representative · 6th District · PA
David ScottDU.S. Representative · 13th District · GA
Bradley Scott SchneiderDU.S. Representative · 10th District · IL12 of 20
Other titles2
To amend the Financial Stability Act of 2010 to require the Financial Stability Oversight Council to consider alternative approaches before determining that a U.S. nonbank financial company shall be supervised by the Board of Governors of the Federal Reserve System, and for other purposes.Official Title as IntroducedOfficial Titles from EH (Engrossed in House) bill text
Financial Stability Oversight Council Improvement Act of 2025Short Title(s) as IntroducedShort Title(s) as Reported to HouseShort Title(s) as Passed HouseShort Titles from RFS (Referred to Senate) bill text
Legislative history12
Feb 11, 2026
SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 9, 2026
House · FloorMotion to reconsider laid on the table Agreed to without objection.
Feb 9, 2026
House · FloorOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2074)
Feb 9, 2026
House · FloorDEBATE - The House proceeded with forty minutes of debate on H.R. 3682.
Feb 9, 2026
House · FloorConsidered under suspension of the rules. (consideration: CR H2074-2076)
Feb 9, 2026
House · FloorMr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Nov 4, 2025
HousePlaced on the Union Calendar, Calendar No. 316.
Nov 4, 2025
House · CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 119-364.
Sep 16, 2025
House · CommitteeOrdered to be Reported (Amended) by the Yeas and Nays: 47 - 4.
Sep 16, 2025
House · CommitteeCommittee Consideration and Mark-up Session Held
Jun 3, 2025
HouseReferred to the House Committee on Financial Services.
Jun 3, 2025
IntroducedIntroduced in House
Documents5
Texts
As referred to a Senate committeeLatestReferred in SenateU.S. Government Publishing OfficeFeb 11, 2026As passed by the HouseEngrossed in HouseU.S. Government Publishing OfficeFeb 9, 2026As reported by the House committeeReported in HouseU.S. Government Publishing OfficeNov 4, 2025As introduced in the HouseIntroduced in HouseU.S. Government Publishing OfficeJun 3, 2025