S. 1694 · 118th Congress

Federal Insurance Office Abolishment Act of 2023

Stage
In committee
Sponsor
Ted Cruz
Introduced
2023-05-18
Latest action
2023-05-18 · Introduced in Senate

Summary

Federal Insurance Office Abolishment Act of 2023

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.