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Federal Insurance Office Elimination Act (H.R. 643)

Referred to Committee
Introduced 1/23/2025•119th Congress•House

Latest Action

Referred to the House Committee on Financial Services.

1/23/2025 • House

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.

Introduced in House • 1/23/2025

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Topics & Subjects

Congressional Votes (0)

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Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (27)

Party Breakdown

0
Democrats
27
Republicans
0
Independents

Sponsor

R[
Rep. Downing, Troy [R-MT-2]

Republican • MT-2

Sponsored 1/23/2025

Cosponsors (26)

R[
Rep. Cline, Ben [R-VA-6]

R-VA-6

Joined 1/23/2025

R[
Rep. Haridopolos, Mike [R-FL-8]

R-FL-8

Joined 1/23/2025

R[
Rep. Norman, Ralph [R-SC-5]

R-SC-5

Joined 1/23/2025

R[
Rep. Ogles, Andrew [R-TN-5]

R-TN-5

Joined 1/23/2025

R[
Rep. Loudermilk, Barry [R-GA-11]

R-GA-11

Joined 1/23/2025

R[
Rep. Schmidt, Derek [R-KS-2]

R-KS-2

Joined 1/23/2025

Bill Journey

Originated in the House

Introduced

January 23, 2025

Referred to the House Committee on Financial Services.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House1/23/2025

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors26

Sources and method

· Record updated Aug 18, 2026
  • Congress.govLibrary of Congress
    Status, actions, sponsors, cosponsors, committees and text
    Record updated Aug 18, 2026 · Loaded Oct 31, 2026, 2:36 AM ET
  • CRS bill summaryCongressional Research Service, via Congress.gov
    Official summary
    Summary of the “Introduced in House” version, Jan 23, 2025 · Loaded Oct 31, 2026, 2:36 AM ET
  • USAspending.govU.S. Department of the Treasury
    Related Federal Spending section
  • FEC filingsFederal Election Commission
    Funding & Lobbying section
  • Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the House
    Funding & Lobbying section

All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →

AI-written text on this page is labeled where it appears. It is written from the sources above and is not a source itself. How we analyze data →

Dates shown where the source reports one. “Loaded” is when CIV.IQ last fetched the record.