Primary Regulators of Insurance Vote Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 2
- Latest action
- May 13, 2025
What it does
The bill would amend the Financial Stability Act of 2010 to add a State insurance commissioner as a voting member of the Financial Stability Oversight Council (FSOC), appointed by the President with Senate confirmation after receiving candidate recommendations from the National Association of Insurance Commissioners. It would establish a 4-year term for this position after an initial 6-year period, outline procedures for filling vacancies without applying the Federal Vacancy Reform Act, and repeal any prior nonvoting status for the State insurance commissioner on the Council. The changes aim to give state insurance regulators a formal voting role in federal financial stability oversight.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.