diff --git a/Tools/requirements-dev.txt b/Tools/requirements-dev.txt
index 44316e3d7d8ac5..48157098f3d78e 100644
--- a/Tools/requirements-dev.txt
+++ b/Tools/requirements-dev.txt
@@ -4,4 +4,4 @@ mypy==1.10.0
 
 # needed for peg_generator:
 types-psutil==5.9.5.20240516
-types-setuptools==70.0.0.20240524
+types-setuptools==74.0.0.20240831