Enhancing Financial Stability Research and Oversight Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7132 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7132 To amend the Financial Stability Act of 2010 to preserve the independent funding in the Office of Financial Research, to establish minimum staffing levels for the Financial Stability Oversight Council, to establish minimum funding levels for such staff, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 16, 2026 Mr. Foster (for himself, Mr. Sherman, Mrs. Beatty, Mr. Casten, and Ms. Velazquez) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Financial Stability Act of 2010 to preserve the independent funding in the Office of Financial Research, to establish minimum staffing levels for the Financial Stability Oversight Council, to establish minimum funding levels for such staff, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Enhancing Financial Stability Research and Oversight Act''. SEC. 2. PRESERVING INDEPENDENT FUNDING. The Financial Stability Act of 2010 (12 U.S.C. 5311 et seq.) is amended-- (1) in section 152-- (A) by amending subsection (c) to read as follows: ``(c) Budget.-- ``(1) In general.--The Director shall have sole discretion to establish the annual budget of the Office. ``(2) Minimum funding level of the budget.--The annual budget of the Office in any given fiscal year shall not be less than $124,627,000. ``(3) Adjustment of minimum funding level.--The dollar amount referred to in paragraph (2) shall be adjusted annually by the Director, using the percent increase (if any) in the employment cost index for total compensation for State and lo