STRIVE Act of 2025

House Bill

H.R. 3812

119th Congress

STRIVE Act of 2025

Placed on the Union Calendar, Calendar No. 323.

Introduced:Oct 8, 2025

Primary Sponsor

Lloyd A. Doggett

Representative

Democratic

TX-37

Cosponsors

2

Quick Stats

Policy Area

Finance and Financial Sector

Summary

The STRIVE Act of 2025 requires the Financial Stability Oversight Council to explore alternative actions before determining that a U.S. nonbank financial company should be supervised by the Federal Reserve Board. This means the Council must first consider other ways to address any threats the company may pose to the overall financial system before subjecting it to additional federal oversight.

Latest Action

Referred to the House Committee on Financial Services.

AI Summary

Plain-English explanation of this bill

The STRIVE Act of 2025 requires the Financial Stability Oversight Council to explore alternative actions before determining that a U.S. nonbank financial company should be supervised by the Federal Reserve Board. This means the Council must first consider other ways to address any threats the company may pose to the overall financial system before subjecting it to additional federal oversight.

Last updated: 12/29/2025

Official Summary

Congressional Research Service 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.

Key Points

Main provisions of the bill

The bill adds new requirements for the Financial Stability Oversight Council before it can place a nonbank financial company under Federal Reserve supervision.
The Council must first determine that alternative actions would not adequately mitigate any threats the company poses to U.S. financial stability.
This could make it more difficult for the Council to designate nonbank financial firms as systemically important.

How This Impacts Americans

Potential effects on citizens and communities

If passed, this bill would primarily impact large, non-bank financial firms like insurance companies, hedge funds, and other investment firms. It would make it harder for the government to subject these companies to stricter oversight and regulations, which could benefit the firms but potentially increase financial risks for the broader economy.

Policy Areas

Primary Policy Area

Finance and Financial Sector

Related Subjects

Congressional oversight

Financial crises and stabilization

Financial services and investments

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

3812, 119th Congress (2025). "STRIVE Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-3812