S 524 · 117th Congress

Federal Insurance Office Abolishment Act of 2021

<p><b>Federal Insurance Office Abolishment Act of 2021</b></p> <p>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.</p>

Sponsor

Cruz, Ted (R-TX)

Introduced

2021-03-02

Policy area

Finance and Financial Sector

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.