In Senate Committee·Last action 90 days ago

Bill Demands FSOC Consider Alternatives Before SIFI Tag

Officially: Financial Stability Oversight Council Improvement Act of 2025

H.R. 3682 requires the Financial Stability Oversight Council to explore other options before labeling nonbank firms as Systemically Important Financial Institutions. Affects nonbank financial companies by reducing regulatory burdens.

Where it stands

Sitting in Banking

No vote scheduled. Constituent contact is what moves bills out of committee.

What this bill actually does

Alternative Risk Management: FSOC must consider other ways to manage risks before SIFI designation.
Activities-Based Approach: Focuses on financial activities across the system rather than individual companies.

↓ Why your message matters here

This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.

Where your representatives stand

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The debate

What people are saying about this bill

✓Arguments in support

Clear and Consistent Rules: Supporters say the bill provides clear guidelines, reducing uncertainty and ensuring that companies are only labeled as SIFIs when absolutely necessary.
Less Burdensome Oversight: By requiring FSOC to consider other options first, the bill promotes less intrusive oversight, which can prevent unnecessary regulatory burdens on companies.
Focus on Activities, Not Companies: The activities-based approach allows regulators to address systemic risks without unfairly targeting individual companies.

✕Arguments against

Potential Delays in Action: Critics might argue that the stricter requirements could slow down FSOC's ability to act quickly in a financial crisis.
Weaker Oversight: Some may worry that the bill could weaken FSOC's ability to manage emerging risks effectively.
Complexity in Implementation: The new requirements could add complexity to the regulatory process, making it harder for FSOC to operate efficiently.

Where this bill is in the process

Legislative timeline

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Introduced

Introduced in House

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House Committee

Under House committee consideration

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House Floor Vote

Voted on by House

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Passed House

Approved by House

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Senate Review

Sent to Senate for consideration

Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (2/11/2026)

FEB 11

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Passed Both Chambers

Approved by both House and Senate

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Signed into Law

Signed by the President

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Bill Demands FSOC Consider Alternatives Before SIFI Tag

Where your representatives stand

What people are saying about this bill

Legislative timeline

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