Federal Insurance Office Abolishment Act of 2021

Fact Sheet API

Bill Number

S 524

Introduced

Mar 2, 2021

Latest Action

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

Sponsor

Cosponsors

Topics

Department of the Treasury Executive agency funding and structure Federal officials Finance and Financial Sector Financial Stability Oversight Council Insurance industry and regulation

Full Text

View Full Bill Text

Votes

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.

Actions

Mar 2, 2021

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 2, 2021

Introduced in Senate

Amendments

Related Bills