A bill to amend the Financial Stability Act of 2010 to include the State insurance commissioner as a voting member of the Financial Stability Oversight Council, and for other purposes.
USA115th CongressS-3177| Senate
| Updated: 6/28/2018
Tim Scott
Republican Senator
South Carolina
Cosponsors (4)
Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Primary Regulators of Insurance Vote Act of 2018 This bill amends the Financial Stability Act of 2010 to establish a state insurance commissioner as a voting member of the Financial Stability Oversight Council. The member is appointed by the President with the advice and consent of the Senate. Under current law, this member is nonvoting and selected by state insurance commissioners.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Banking and financial institutions regulationFinancial Stability Oversight CouncilInsurance industry and regulation
A bill to amend the Financial Stability Act of 2010 to include the State insurance commissioner as a voting member of the Financial Stability Oversight Council, and for other purposes.
USA115th CongressS-3177| Senate
| Updated: 6/28/2018
Primary Regulators of Insurance Vote Act of 2018 This bill amends the Financial Stability Act of 2010 to establish a state insurance commissioner as a voting member of the Financial Stability Oversight Council. The member is appointed by the President with the advice and consent of the Senate. Under current law, this member is nonvoting and selected by state insurance commissioners.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Tim Scott
Republican Senator
South Carolina
Cosponsors (4)
Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Banking and financial institutions regulationFinancial Stability Oversight CouncilInsurance industry and regulation