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US House passes bill making FSOC consider more direct means to deem nonbanks as SIFIs

By Neil Roland ( February 9, 2026, 23:25 GMT | Insight) -- The US House unanimously passed a bill requiring the Financial Stability Oversight Council to consider more direct means before designating nonbank firms for heightened supervision, including measures by the firm itself and its primary regulator. Currently, the FSOC determines whether the firm should be deemed a systemically important financial institution, or SIFI, due to its threat to financial stability.The US House of Representatives has unanimously passed a bill requiring the Financial Stability Oversight Council to consider more direct means before designating nonbank firms for heightened supervision....

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