S. 524 · 117th Congress

Federal Insurance Office Abolishment Act of 2021

Stage
In committee
Sponsor
Ted Cruz
Introduced
2021-03-02
Latest action
2021-03-02 · Introduced in Senate

Summary

Federal Insurance Office Abolishment Act of 2021

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.