H.R. 643 · 119th Congress · 2025–2026
Federal Insurance Office Elimination Act
H.R. 643 in the 119th Congress (2025–2026) was introduced on Jan 23, 2025, sponsored by Troy Downing with 26 co-sponsors.
During the 119th Congress (2025–2026), Donald Trump was president, and Republicans held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Jan 23, 2025
- Co-sponsors
- 26
- Policy area
- Finance and Financial Sector
What it does
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.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Troy Downing (R-MT). Co-sponsors: 26 Republicans.
Where it stands
- IntroducedJan 23, 2025
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Financial Services. (Jan 23, 2025)
More bills from Troy Downing in the 119th Congress
- H.J.Res. 104: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the…
- H.R. 7250: To reauthorize the Fort Peck Reservation Rural Water System Act of 2000.
- H.R. 2708: Safeguarding American Property Act of 2025
- H.R. 5942: National Cemetery Access Act
- H.R. 8092: Native American Housing Assistance and Self-Determination Modernization Act of 2026
- H.R. 8682: Accelerating Forest Management Act
- H.R. 8726: PARTNERS Act of 2026
- H.R. 8745: Dry-Redwater Regional Water Authorization Act
- H.R. 9574: Informed Investor Access Act
- H.R. 10222: No HUD Funding for Sanctuary Cities Act
Other Finance and Financial Sector bills in the 119th Congress
- S.J.Res. 18: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection…
- S.J.Res. 28: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection…
- S.J.Res. 13: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United…
- S. 1582: Guiding and Establishing National Innovation for U.S. Stablecoins Act
- H.R. 2808: Homebuyers Privacy Protection Act
- S. 3424: Bankruptcy Administration Improvement Act of 2025
- S. 100: Repealing Big Brother Overreach Act
- S.J.Res. 141: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United…
- H.J.Res. 160: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the…
- H.J.Res. 161: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the…
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 643 (119th Congress): Federal Insurance Office Elimination Act,” https://www.capitolreceipts.com/bill/119-hr-643/federal-insurance-office-elimination-act (accessed 2026-10-17).