Federal Insurance Office Abolishment Act of 2017 This bill eliminates the Federal Insurance Office (FIO) within the Department of the Treasury. The bill also amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to remove the FIO director as a nonvoting member of the Financial Stability Oversight Council.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Department of the TreasuryExecutive agency funding and structureFederal officialsFinancial Stability Oversight CouncilInsurance industry and regulation
To abolish the Federal Insurance Office of the Department of the Treasury, and for other purposes.
USA115th CongressHR-4483| House
| Updated: 11/29/2017
Federal Insurance Office Abolishment Act of 2017 This bill eliminates the Federal Insurance Office (FIO) within the Department of the Treasury. The bill also amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to remove the FIO director as a nonvoting member of the Financial Stability Oversight Council.
Department of the TreasuryExecutive agency funding and structureFederal officialsFinancial Stability Oversight CouncilInsurance industry and regulation