Financial Stability Oversight Council Improvement Act of 2023
Summary
Financial Stability Oversight Council Improvement Act of 2023
The 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.
Lifecycle of the Bill
Committee Consideration and Mark-up Session Held
Jul 23, 2025
Ordered to be Reported (Amended) by Voice Vote.
Jul 23, 2025
Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 119-371.
Nov 7, 2025
Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 119-371.
Nov 7, 2025