119th Congress·House bill
H.R. 3682: Financial Stability Oversight Council Improvement Act of 2025
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.
SponsorRep. Bill FosterDemocrat, IL
IntroducedJun 3, 2025in the House
Latest actionFeb 11, 202612 actions
Cosponsors200 recorded votes
Where the bill stands
Passed House- Introduced Jun 3, 2025
- Committee Jun 3, 2025
- Passed House Feb 9, 2026
- Passed Senate Next
- To President Not yet
- Law Not yet
Latest action, Feb 11, 2026Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summary
Library of Congress, Jun 3, 2025Financial 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.
Companies lobbying on this bill
2 companies · 7 filingsMember trades in these companies
90 days · 0 tradesNo member of Congress traded these companies in the last 90 days
Votes
0 recordedNo recorded roll-call vote on this bill yet
Actions
12 total- Feb 11, 2026SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Feb 9, 2026HouseMotion to reconsider laid on the table Agreed to without objection.
- Feb 9, 2026HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2074)
- Feb 9, 2026HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 3682.
- Feb 9, 2026HouseConsidered under suspension of the rules. (consideration: CR H2074-2076)
- Feb 9, 2026HouseMr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
- Nov 4, 2025HouseReported (Amended) by the Committee on Financial Services. H. Rept. 119-364.
- Nov 4, 2025HousePlaced on the Union Calendar, Calendar No. 316.
All 12 actions
- Sep 16, 2025HouseCommittee Consideration and Mark-up Session Held
- Sep 16, 2025HouseOrdered to be Reported (Amended) by the Yeas and Nays: 47 - 4.
- Jun 3, 2025HouseIntroduced in House
- Jun 3, 2025HouseReferred to the House Committee on Financial Services.
Committees
2- Senate Banking, Housing, and Urban Affairs CommitteeReferred ToReferred To, Feb 11, 2026
- House Financial Services CommitteeReported ByReported By, Nov 4, 2025Markup By, Sep 16, 2025Referred To, Jun 3, 2025
Sponsor and cosponsors
20 cosponsors- Rep. Bill Foster (D-IL-11)Sponsor, Jun 3, 2025
- Bill Huizenga (R-MI-4)OriginalJoined Jun 3, 2025
- Josh Gottheimer (D-NJ-5)Joined Jun 17, 2025
- Young Kim (R-CA-40)Joined Jul 2, 2025
- Brad Sherman (D-CA-32)Joined Jul 10, 2025
- Brittany Pettersen (D-CO-7)Joined Jul 10, 2025
- Frank Lucas (R-OK-3)Joined Jul 15, 2025
- Ritchie Torres (D-NY-15)Joined Jul 15, 2025
- Daniel Meuser (R-PA-9)Joined Jul 16, 2025
- Emanuel Cleaver (D-MO-5)Joined Jul 17, 2025
- Chrissy Houlahan (D-PA-6)Joined Aug 29, 2025
- David Scott (D-GA-13)Joined Sep 2, 2025
- Bradley Schneider (D-IL-10)Joined Sep 8, 2025
All 20 cosponsors
- Vicente Gonzalez (D-TX-34)Joined Sep 9, 2025
- Ann Wagner (R-MO-2)Joined Sep 15, 2025
- Janelle Bynum (D-OR-5)Joined Sep 15, 2025
- Troy Downing (R-MT-2)Joined Sep 15, 2025
- James Himes (D-CT-4)Joined Sep 16, 2025
- Michael Lawler (R-NY-17)Joined Sep 16, 2025
- Monica De La Cruz (R-TX-15)Joined Sep 16, 2025
- Zachary Nunn (R-IA-3)Joined Sep 16, 2025
Text versions
4- Referred in Senate Feb 11, 2026 PDF: Referred in Senate
- Engrossed in House Feb 9, 2026 PDF: Engrossed in House
- Reported in House Nov 4, 2025 PDF: Reported in House
- Introduced in House Jun 3, 2025 PDF: Introduced in House
Amendments
0No amendments offered
Cost estimates and reports
- Committee report H. Rept. 119-364
Titles
2Short titles
- Financial Stability Oversight Council Improvement Act of 2025Short Titles from RFS (Referred to Senate) bill text
Official titles
- 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 from EH (Engrossed in House) bill text
Subjects
3Policy area
Legislative subjects
Congressional oversightFinancial crises and stabilizationFinancial services and investments
Related bills
1- S. 3578 Identical bill Financial Stability Oversight Council Improvement Act of 2025
Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.