H.R. 643 explained · 119th Congress · Pending in Congress
Federal Insurance Office Elimination Act
Cosponsors: 26 (0 D, 26 R) · per Congress.gov, 2026-10-12
Introduced: 2025-01-23
Latest action (2025-01-23): Referred to the House Committee on Financial Services.
What H.R. 643 does, in plain terms
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.
Official summary by the Congressional Research Service, via Congress.gov.
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