H.R.643

Federal Insurance Office Elimination Act

Introduced·1/23/25

Eliminates the Federal Insurance Office of the Department of the Treasury and its Director position.

The Federal Insurance Office Elimination Act removes the Federal Insurance Office and its Director from the Department of the Treasury. It amends the Dodd-Frank Wall Street Reform and Consumer Protection Act, striking references to the Federal Insurance Office and its Director. The bill also modifies the Economic Growth, Regulatory Relief, and Consumer Protection Act to remove mentions of the Federal Insurance Office. The Secretary of the Treasury retains authority over insurance matters.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Where it stands

Current
Financial Services Committee
Next
Committee decision

Sponsors

Democratic CaucusRepublican Caucus

History

Jan 23, 2025

House

Introduced in House

Jan 23, 2025

House

Referred to the House Committee on Financial Services.