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Sen. Rounds Introduces Financial Stability Oversight Council Improvement Act

Bill Intros-Senate
Copyright © Targeted News Service, 2026
2026-01-25
Bailey Malota

WASHINGTON, Jan. 25 -- Sen. Mike Rounds, R-SD, has introduced the Financial Stability Oversight Council Improvement Act, aimed at enhancing the oversight procedures for nonbank financial companies by the Financial Stability Oversight Council (FSOC). The bill seeks to ensure that the FSOC thoroughly considers alternative regulatory approaches before designating a nonbank financial company for supervision by the Federal Reserve.

The motivation behind this legislation arises from conce . . .

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