H.R. 643

119th Congress

In Committee

Federal Insurance Office Elimination Act

Sponsored byRepublican:Rep. Downing, Troy [R-MT-2]MT· Introduced 23 January 2025

26

Cosponsors

3

Actions

0

Amendments

1

Committees

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Referred to the House Committee on Financial Services.

23 January 2025·1 year ago

Summary

Introduced in House · Updated 24 April 2025

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.

Timeline

3 actions

  1. Referred to the House Committee on Financial Services.

    23 January 2025 · IntroReferral

  2. Introduced in House

    23 January 2025 · IntroReferral

  3. Introduced in House

    23 January 2025 · IntroReferral

Sponsorship

26 cosponsors

Sponsor

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

Cosponsors

  • Republican26100%

Classification

Policy area

Finance and Financial Sector

Committees

1

  • Financial Services Committee

    House · Standing

    • Referred To23 Jan 2025

Cosponsor momentum

Cumulative over time

Cosponsors grew from 9 on 23 January 2025 to 26 on 23 June 2026.

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