Ask AI
S. 1586

Federal Insurance Office Abolishment Act of 2019

Federal Insurance Office Abolishment Act of 2019

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.

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

Sen. Cruz, Ted [R-TX](R-TX)Sponsor
3 cosponsors3 R
3cosponsors1committees2actions1related bills5subjects
  1. IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Federal Insurance Office Abolishment Act of 2019 — Informed