HR 643

Federal Insurance Office Elimination Act

Summary

Federal Insurance Office Elimination Act This bill eliminates the Federal Insurance Office (FIO) within the Department of the Treasury. The bill also removes the FIO director as a nonvoting member of the Financial Stability Oversight Council.

Bill status

Status
In committee
Sponsor
Rep. Troy Downing [R-MT-2]
Cosponsors
26
Policy area
Finance and Financial Sector
Introduced
2025-01-23
Latest action
2025-01-23: Referred to the House Committee on Financial Services.

Committee referrals

Recent actions

  • 2025-01-23: Referred to the House Committee on Financial Services.
  • 2025-01-23: Introduced in House
  • 2025-01-23: Introduced in House