Rulemaking · FSOC · Nov 3, 2023

Guidance on Nonbank Financial Company Determinations

The 2023 FSOC guidance restored a more direct path for designating non-bank financial companies as systemically important and subjecting them to Federal Reserve supervision.

Docket or bill: FR 2023-25053
Official record: https://www.federalregister.gov/documents/2023/11/17/2023-25053/guidance-on-nonbank-financial-company-determinations
Tracked as: Guidance on Nonbank Financial Company Determinations
Issued by: Financial Stability Oversight Council

Traceable spending around this event

Tracked giving from finance banking donors in the year before the event, and lobbying on FIN, BAN issue codes in the surrounding window. These are partial, tracked figures scoped to a window, not totals for the industry.

Giving window: Nov 3, 2022 – Nov 3, 2023. Donation records in this database currently run through Aug 12, 2026; lobbying filings through 2026. Figures computed Sep 14, 2026.

Tracked giving (finance banking)

$29,339,622

4,571 donations

Opposition spending

independent expenditures against

Lobbying (FIN, BAN)

$692,904,383

1,875 filings

Positions on record

from the relationships graph

Tracked giving (finance banking)$29,339,622

Lobbying (FIN, BAN)$692,904,383

Of tracked giving, $324,000 was independent expenditures supporting and $0 opposing; the remainder is direct contributions with no stated direction.

Positions

No entity positions are recorded for this event yet. Positions are shown only where an entity has a cited stance on the record.

Top lobbying on these issues

Clients with the most reported lobbying spend on FIN, BAN issue codes in the window around the event. Lobbying reports cover multiple issues, so spend is not attributable to this event alone.

CHAMBER OF COMMERCE OF THE U.S.A.$86,380,000 · 5 filings
NATIONAL ASSOCIATION OF REALTORS$72,960,000 · 12 filings
AARP$24,060,000 · 6 filings
AMAZON.COM SERVICES LLC$17,850,000 · 4 filings
NATIONAL ASSOCIATION OF MANUFACTURERS$16,650,000 · 5 filings
UNITEDHEALTH GROUP, INC.$14,250,000 · 6 filings
NATIONAL MULTIFAMILY HOUSING COUNCIL INC$10,732,698 · 6 filings
Boeing$10,580,000 · 3 filings

Figures are drawn from tracked FEC donations and Senate LDA lobbying disclosures held in this database. See the methodology for how spending is scoped to an event window.