Business of Insurance Regulatory Reform Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- +2
- Latest action
- Jul 23, 2025
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What it does
The Business of Insurance Regulatory Reform Act of 2025 would amend the Consumer Financial Protection Act of 2010 to limit the authority of the Bureau of Consumer Financial Protection over individuals or entities regulated by state insurance regulators when they are engaged in the business of insurance. Specifically, the Bureau could not enforce consumer financial protection laws against such persons to the extent they are offering insurance products or services, and any Bureau authority over other consumer laws would be narrowly construed when insurance activities are involved. The bill also establishes a rule of construction favoring broad interpretation of state insurance regulator authority over those they regulate. It affects persons regulated by state insurance regulators who also offer consumer financial products or services.
AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.
What moved
Who is involved
- Sen. Scott, Tim [R-SC]Lead sponsor
- Sen. Britt, Katie Boyd [R-AL]Co-sponsor
- Sen. Lummis, Cynthia M. [R-WY]Co-sponsor
- Sen. Moreno, Bernie [R-OH]Co-sponsor
- Sen. Ricketts, Pete [R-NE]Co-sponsor
- Sen. Rounds, Mike [R-SD]Co-sponsor
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Work with this bill
Where it goes next
While a bill can still move, the questions are about people and money.
- Who sits in the seats that vote on itA roster is not a certified tally, and a filing is not a place on the ballot.
- Who funds the people decidingA receipt is not backing. A contribution does not establish a policy motive.
- Who is paid to be heardNaming an institution is the filer's account, not a record of any meeting.
- Bills still moving in CongressNewest first, the ones that can still change