S. 4110 · 117th Congress
Primary Regulators of Insurance Vote Act of 2022
- Stage
- In committee
- Sponsor
- Tim Scott
- Introduced
- 2022-04-28
- Latest action
- 2022-09-08 · Committee on Banking, Housing, and Urban Affairs. Hearings held.
Summary
Primary Regulators of Insurance Vote Act of 2022
This bill establishes a state insurance commissioner as a voting member of the Financial Stability Oversight Council. The member is appointed by the President with the advice and consent of the Senate. Under current law, this member is nonvoting and selected by state insurance commissioners.