# 119-s-2419: Business of Insurance Regulatory Reform Act of 2025

119-s-2419, Business of Insurance Regulatory Reform Act of 2025, is a 119th Congress bill sponsored by Sen. Scott, Tim [R-SC] (R-SC); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-2419
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2419
- Congress: 119
- Title: Business of Insurance Regulatory Reform Act of 2025
- Status: introduced
- Introduced: 2025-07-23
- Sponsor: Sen. Scott, Tim [R-SC] (R-SC)
- Cosponsors: 5
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**This bill would narrowly restrict the Consumer Financial Protection Bureau's ability to enforce federal consumer-finance rules against entities when they are acting in the business of insurance, strengthening state insurance regulators' primacy.** It would also make clear the CFPB still has authority over non-insurance consumer financial products and services and that any federal enforcement must be interpreted narrowly when state insurance regulation applies. - State insurance regulators and insurers: Would shift enforcement power toward State insurance regulators by saying the CFPB may not enforce federal consumer-finance rules to the extent a person is engaged in the business of insurance. - Firms offering both insurance and other financial products: Would remain subject to CFPB enforcement for non-insurance activities, but CFPB authority over insurance-related activity would be limited and narrowly construed. - Consumers: Would see insurance-related consumer protections more often enforced by State insurance regulators, while federal protections would still apply for non-insurance consumer financial services.

## Cosponsors (5)

- Sen. Rounds, Mike [R-SD] (R-SD), 2025-07-23T00:00:00.000Z
- Sen. Lummis, Cynthia M. [R-WY] (R-WY), 2025-07-23T00:00:00.000Z
- Sen. Ricketts, Pete [R-NE] (R-NE), 2025-07-23T00:00:00.000Z
- Sen. Moreno, Bernie [R-OH] (R-OH), 2025-07-23T00:00:00.000Z
- Sen. Britt, Katie Boyd [R-AL] (R-AL), 2025-07-28T00:00:00.000Z

## Provisions PRIA read

- Limit federal oversight of insurers: cost, high. This bill would limit the CFPB's ability to enforce this law against companies a State insurance regulator oversees. The limit would apply only when the company is engaged in the business of insurance. It would narrow CFPB enforcement for consumer laws specifically listed in the bill. It would also…

## Related bills

- 119-s-3752: SAVE America Act
- 119-s-5025: Lindsey O. Graham Sanctioning Russia Act of 2026
- 119-s-875: FIRM Act
- 119-s-587: Death Tax Repeal Act of 2025
- 119-s-186: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of 2025
- 119-s-6: Born-Alive Abortion Survivors Protection Act

## Sources
- [119-s-2419 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2419)

## Related
- [119-s-3752: SAVE America Act](https://policyrisk.com/legislation/119-s-3752)
- [119-s-5025: Lindsey O. Graham Sanctioning Russia Act of 2026](https://policyrisk.com/legislation/119-s-5025)
- [119-s-875: FIRM Act](https://policyrisk.com/legislation/119-s-875)
- [119-s-587: Death Tax Repeal Act of 2025](https://policyrisk.com/legislation/119-s-587)
- [119-s-186: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of…](https://policyrisk.com/legislation/119-s-186)
- [119-s-6: Born-Alive Abortion Survivors Protection Act](https://policyrisk.com/legislation/119-s-6)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2419 (as of 2025-12-21).